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Show Notes
Still time left for EDU's Christmas Sale, memberships and research subscriptions.
https://www.eurodollar.university/sales-page-1
In a very important and very real sense, the Fed has already pivoted by embracing the recent and sharp decline in market interest rates. Why? In a word, insurance. Along with other crucial concerns, officials are no longer so sure the soft landing is on track. Since central bankers and Economists believe lower rates are "accommodative", they believe a pivot could help cushion being wrong about the economy.
Eurodollar University's Money & Macro Analysis
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