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Another crucial milestone you shouldn't miss.
Inflation pressures are disappearing as deflation and recession conditions continue to take over. The Federal Reserve won't be able to keep up its interest rate stance for very long.
The 5-year TIPS breakeven was once the epitome of the "inflation" panic, swelling to record highs during March 2022's shock crisis. And while the Fed continues to see inflation everywhere, that same market measure just hit a new multi-year low. Worse, it did so while more and more points to the fact time's up on deflation and recession.
Eurodollar University's Money & Macro Analysis
Bloomberg: ECB’s Lagarde Sees…
The skinny
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