The Exchange cover image

Sell-off Watch, Ad-vantaged, Cyber Pains & Gains 8/10/23

The Exchange

00:00

The Fed's Restrictive Policy

The inflation rate came down and the real funds rate went up today. The Fed seems to have the market convinced that it will be in this high range for a while. I would argue their transparency becomes similarly inscrutable because we hear so many different opinions from so many different people.

Play episode from 07:32
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app