Figure 3:12 month ahead estimated probability of recession using 10yr-3mo Treasury spread (blue), using 10yr-2yr spread (red), using 10yr-Fed funds (teal). NBER defined recession dates peak-to-trough shaded gray. Source: Treasury via FRED, NBER and author’s calculations. rsmApril 3, ...
Her accounts on Twitter and Instagram were both created in the last year and her regular videos espouse far-right narratives, like telling Syrian immigrants to “pack your bags and go back home”. She even says she interned with the right-wing magazine Compact, which was banned b...
TFT: Should the government provide more stimulus for the economy, or cut spending to bring the deficit down? DS: We are not in a conventional business cycle recovery,so stimulus is futile and just adds needlessly to the $9 trillion of Treasury paperalready floating dangerously around world fina...
“I” is the target Funds rate LTBR is the long term bond rate (e.g. the ten year Treasury) “f” is the most recent measure of inflation according to the index adopted by the Fed “t” is the Fed’s (published) target for this rate “a” is a published constant embodying the ...
Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M— Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are...