Fed board member Lael Brianard apparently doesn’t look at data very carefully. As The Fed unwinds its balance sheet, 10Y Treasury Note yields and 30Y mortgage rates have been DECLINING. (Bloomberg) — \Federal Reserve Governor Lael Brainard wants to “hear more” about targeting the yield curve as the U.S. central bank undertakes a yearlong review of its … Continue reading The Santa Clarida Diet! Lael Brainard Joins Richard Clarida Saying Fed Should Review Yield Targeting (Didn’t Work With Fed Balance Sheet!) →
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