If everyone thinks there will be tightening, there will be no tightening
The market is perceiving the inflation rate over the next 10 years to be sitting at ~2.3%. This is not exactly the rabid, regime changing inflation number that you would expect really, is it? And now we can look at inflation over the longer term.
FOMC... Time for the Fed to take the bond bears out?
This meeting will see the biggest test yet of the Fed's 'expectations management'. AIT is supposed to reinforce 'lower for longer' - will the dots back that up?
Powell Says The Fed is Looking Very Carefully At Digital Dollar
As we have said before... "Central Bank digital currencies are coming." Central Bank Digital Currencies - A Brave New WorldCentral bank digital currencies are coming soon enough. Will they really change everything? Does a brave new dystopia await?