Monetary Policy & Inflation | US
Recession Probability Back at 90%
- By Dalvir Mandara and Bilal Hafeez
- 2 min read
US treasury yields climbed throughout last week after hawkish commentary from Federal Reserve (Fed) speakers. Chair Powell indicated that the terminal federal funds rate (FFR) may have to rise if growth and inflation remain strong. Markets followed, adding 50bp to the December 2023 FFR.
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