Wednesday, June 16, 2021

Feds left the rates unchanged ...

 teenies rise to 1.594 before coming down.

fed did raise the repo. rates by 5 basis points.

inflation transitory, but rising.

both monthly treas & MBS purchase remain the same.

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you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....