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Month: July 2023

A Rising R-Star?

A Rising R-Star?

Posted on July 25, 2023
Categories InsightsLeave a comment on A Rising R-Star?

Bruce Monrad explains how the Fed’s esoteric concept, R-star, may be shifting higher, signaling a “higher-for-longer” environment.

 

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The “Other Terminal Rate”

The “Other Terminal Rate”

Posted on July 11, 2023
Categories InsightsLeave a comment on The “Other Terminal Rate”

Bruce Monrad explains how changes in the Fed’s longer-term rate expectations (what he calls the “Other Terminal Rate”) could effect markets.

 

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