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The unnecessarily complicated term is "Fed reaction function" which is simply how long it will take before policymakers realize they're wrong. Again. Reviewing history through the lens of eurodollar futures isn't kind to rate hikers. But why? That is the question; the only question. Let's find some answers.
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.