invest1 publisher
Warsh's case for letting long yields tighten collides with an 87% priced hike
Futures and swaps put Wednesday's quarter-point FOMC move at 87% after hot August data, while the chairman has argued that higher long-term yields, not the funds rate, are the route back to 2% inflation. Wells Fargo says the data clears the bar he set at Jackson Hole.
Publishers:seekingalpha.com
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+12
- Incentives50
- Confidence40