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BuilderRocket

@builderrocket

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In his latest speech, Fed Governor Waller, expressed support for the idea that the neutral rate of interest (r*) and a neutral Federal Funds Rate (FFR) are most accurately represented by the Real Yield of the US 10-year, currently standing at 2%.
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@degentip !balance
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@degentip !balance
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@degentip !create
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@degentip !create
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When you suggest that rate hikes can be inflationary, you often encounter resistance from many individuals in the finance industry. Those who suggested that supply chains would never normalize, the Phillips curve lives and this is the 1970’s, vehemently argue that rate hikes cannot cause inflation. So wrong.
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