• Dotty About The Dot Plot ... Markets Fret About Rising Rates ...

  • Jun 19 2021
  • Duración: 5 m
  • Podcast

Dotty About The Dot Plot ... Markets Fret About Rising Rates ... Por arte de portada

Dotty About The Dot Plot ... Markets Fret About Rising Rates ...

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  • The Dow closed down, the  dollar moved up. Ten year bond yields moved higher by just three basis  points. Not much of a taper tantrum, more of a milk shake than an  earthquake. The Fed announced the policy decision mid week, effectively  to do nothing.

    It wasn't really making  any changes. There would be no increase in base rates. The asset  purchase program would continue at an eye watering $120 billion dollars  per month. No real concerns about inflation. It remains always and  everywhere a transitory phenomenon.

    JKA

    --- Support this podcast: https://podcasters.spotify.com/pod/show/john-ashcroft/support
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