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The Fed's Real Focus
On this episode of The Rate Guy we urge you to forget CPI—the Fed's watching jobs. Unemployment at 4.2% isn't the good news it looks like. We explain r*, clear up the natural vs. neutral rate confusion, and connect the dots from D.C.'s deficit and the 10 Yr Treasury.
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By JP Conklin
4.7
4949 ratings
On this episode of The Rate Guy we urge you to forget CPI—the Fed's watching jobs. Unemployment at 4.2% isn't the good news it looks like. We explain r*, clear up the natural vs. neutral rate confusion, and connect the dots from D.C.'s deficit and the 10 Yr Treasury.
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