Source: Economists Seek Recession Clues in the Yield Curve
Source 里面有下面一句话。
The logic goes like this: Investors expect the Fed to push up interest rates so much in the short run to fight off inflation that it ends up squeezing credit, causing a recession and having to reverse those rate increases further down the road.
Deepl 翻译如下:
其逻辑是这样的。投资者期望美联储在短期内大幅提高利率,以抵御通货膨胀,结果挤压了信贷,导致经济衰退,不得不在更远的地方扭转这些加息。
我理解如下:
Investors expect that Fed have to reverse rate increases further down the road.
Because the rate increases ends up squeezing credit and causing a recession.
我的问题是:
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