News list for "bauer"

According to a report by Michael Bauer, Carolin Pflueger, and Adi Sunderam at the Jackson Hole annual meeting, it was only after the Federal Reserve started its rate hike cycle in 2022 that the bond market became more sensitive to inflation data. This means that the public did not understand the FOMC's (monetary policy) strategy before the rate hike. "Consistent with the perceived shift in policy response, event studies show that after the rate hike, the sensitivity of interest rates to unexpect...

2024-08-24 14:47:49