Most likely a .75 rate hike coming. Chances of recession going up. Lot of people predicting a lessening of inflation in the second half. Hope they're right! Expectations of a 3.6% fed funds rate next year.
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See AllA disagreement among the experts on future inflation: Combining these factors with monetary policy tightening, we expect inflation to undershoot 2% in 2023 and 2024. Worries about inflation broadening
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If you do nothing else look at the chart entitled "Which Yield Curve Matters". On picture is worth a thousand words. And remember what Mr. Roberts (a portfolio strategist) says: Historically, a reces
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https://www.cnbc.com/2022/07/05/bonds-flash-recession-warning-light-as-key-part-of-the-yield-curve-inverts-again.html
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