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Fed Should Look In The Mirror For R-Star Clues
If the Fed's searching for clues about what drives shifts in the market's perception of the neutral rate, policymakers might consider looking in the mirror.
That was one message from an expansive new Goldman note penned by Dominic Wilson and Vickie Chang.
The neutral rate is a hot topic in 2023. The r-star discussion elbowed its way onto center stage following the pandemic amid what many view as epochal macro, geopolitical and socioeconomic shifts. This week, markets were on edge about the pro
I knew Bernanke competed in the National Spelling Bee, but had no idea he had b-ball skills.