Attention Economy


Monday, October 14, 2024

Clarida on Rate Outlook

Where interest rates are heading by Richard Clarida

https://www.ft.com/content/6a655117-09e1-41ae-9b16-fe266bf8a440

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

My take from June 2024 sound quite reasonable:
https://thehill.com/opinion/finance/4701798-the-fed-needs-to-set-a-higher-target-for-long-term-interest-rates/