The New Fed Debate: Skip vs. Pause or Pause vs. Cut?
The money and bond markets find themselves in an interesting spot on the calendar, nestled right in between the May and June FOMC meetings. This week on the Basis Points podcast, Kevin Flanagan discusses the latest Fedspeak and if it could translate to a skip, a pause, or even a cut. Basis Point: 1/100th of 1 percent.
The skinny
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