Borrowers and depositors had an Egad! in December, that is why Powell Paused. The two yellow lines are bit error bounds, or a good proxy for. Powell be between those lines or Powell Be Paused.
Last time we tighter peaked? Why, 2008, you don't say. The panic concerns the curve inversion, caused by a sudden rush to equilibrium by the Fed. It really had no choice, we had a magnificent wad of new debt, which we can blame on our cycle costs, accumulating..
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