As @rbrtrmstrng points out in an essential read, bond market, thinks that inflation hawks like Summers are wrong.
Fed funds futures market implies we are likely to get only two rate increases next year & they will be enough to bring inflation to heel.
ft.com/content/f60c8e… https://t.co/Dr7QmQ2f3T
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…