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Still time left for EDU's Christmas Sale, memberships and research subscriptions. https://www.eurodollar.university/sales-page-1 In a very important and very real sense, the Fed has already pivoted by embracing the recent and sharp decline in market interest rates. Why? In a word, insurance. Along with other crucial concerns, officials are no longer so sure the soft landing is on track. Since central bankers and Economists believe lower rates are "accommodative", they believe a pivot could help cushion being wrong about the economy. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_EDU https://www.eurodollar.university RealClearMarkets Essays: https://bit.ly/38tL5a7 #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates |