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Fed’s Silent Moves Under Fire | Durham News
The Fed’s quiet game of letting bond markets set long-term rates is under fire—Bank of America says it’s risky, confusing, and costly. Without clear guidance on inflation metrics and decision thresholds, investors panic, borrowing costs soar, and inflation expectations spike. The “3D chess” theory? BofA calls it flawed. They insist the Fed should stick to controlling short-term rates, not gamble on market moves. More hikes are likely, but beating inflation hinges on transparency—not speculation. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise…
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