Traders work on the floor of the New York Stock Exchange on December 6. A miscommunication from the Fed can have amplified market effects, even if the statements contain a degree of truth. Photo: AFP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

The Fed’s quest for a ‘neutral’ interest rate has put the markets on edge. It shouldn’t

  • Kerry Craig says with the markets jumping at every Fed statement, anxiety is growing over the Treasury yield curve flattening or, worse, inverting. A closer look shows Fed policy will remain accommodative

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Traders work on the floor of the New York Stock Exchange on December 6. A miscommunication from the Fed can have amplified market effects, even if the statements contain a degree of truth. Photo: AFP
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