The one-year Treasury rate and the five-year, five-year forward rate on Treasuries told different stories in 2022, depending on whether one looked at nominal rates or real rates.| www.stlouisfed.org
Heads-up for my Danish-speaking readers: The Danish edition of my book How Low Interest Rates Change the World will be released in just over two weeks: https://djoefforlag.dk/products/rentefald. Naturally, I’ll share the key takeaways with you once it’s out.| Rangvid’s Blog
The Federal Reserve Bank of Cleveland supports the US economy and our region by studying economic conditions and issues that impact our communities, serving financial institutions, and providing economic education and resources for all.| www.clevelandfed.org