Eyes on the Fed
According to options data analyzed by the Cleveland Fed, the Fed Funds rate will continue coming down again next week. The market is now expecting another 50 basis point cut, even after the recent cut to 3.50.
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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