Taper (but no) Tantrum! Why not? [Ep. 97]
Eurodollar University - En podcast av Jeff Snider
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Jay Powell announced his central bank is satisfied (enough) with the economy's direction. Thus, the Fed will soon be 'tapering'; lessening the 'monetary stimulus'. What did bond-money markets say? Did they have a tantrum? No, because they don't believe what Jay believes.
