Fed's Fixed-Income Juggling Act Sparks Market Comedy Hour
Key Points
- Fed Chair Powell faces a tough 2025 with unyielding interest...
Fed Chair Jerome Powell must be wishing he had a crystal ball right now - or at least a really good Magic 8-Ball to navigate through 2025's fixed income maze. Unfortunately, he'll have to make do with economist Mohamed El-Erian's insights instead.
The Fed's "Hold My Beer" Moment
As we cruise through 2025, the Fed seems determined to stick to its guns on interest rates, even as inflation threatens to party crash above 3% (against their preferred 2% target). El-Erian's recent analysis suggests the Fed is playing it cooler than a cucumber in a freezer, despite mounting economic pressures and s...
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