finance-economics2.92 min read "Inflation Warnings: Fed's Risky Lessons and S&P 500 Impact"
A recent surge in inflation has caused bond markets to react, with the US 10-year Treasury note yield reaching its highest level since November. The Federal Reserve had previously indicated potential rate cuts in 2024, but the latest inflation data has raised concerns about a repeat of the 1970s inflation era. The Fed aims to avoid the high and variable inflation that characterized that period, and historical lessons suggest that keeping policy rates relatively high, even as inflation declines, may be key to managing inflation without causing a recession.
1 year ago•Source: Yahoo Finance
