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This is “steepening of the yield curve,” presenting the Fed with a serious problem.

They want to keep rates low to help the economy recover. Everything the Fed has said for years, if not decades, makes it clear that maximizing employment is the higher priority of the Fed’s two goals under its dual mandate (full employment and stable prices).

This is “steepening of the yield curve,” presenting the Fed with a serious problem. They want to keep rates low to help the economy recover. Everything the Fed has said for years, if not decades, makes it clear that maximizing employment is the higher priority of the Fed’s two goals under its dual mandate (full employment and stable prices).

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That was a great read. Shared.

Thanks again.

[–] • 1 pt (edited )

Thanks for taking responsibility.

And thanks in advance for the link to the article.

Edit: Link didn’t appear in the view comment page when viewing your reply. Please disregard the snippy “thanks in advance” portion of my reply.