Fed Has Lost Control of Yield Curve and Needs to Cut Rates, Economist Schomer Says

The video discusses the current economic data and the Federal Reserve's potential responses, including rate cuts and quantitative easing (QE). It explores possible economic scenarios, such as a recession, and the impact on the housing market and bond yields. The discussion highlights concerns about the Fed's control over the yield curve and the need for further rate cuts. The video also examines the potential effects of the European Central Bank's QE on global markets.

What are the potential actions the Fed might take if the economy weakens?

How could a decoupling of the treasury market from the rest of the world impact the housing market?

What concerns are raised about the Fed's ability to respond to a recession?

What does the speaker suggest is necessary for the Fed to regain control over the yield curve?

What implications could the European Central Bank's quantitative easing have on U.S. treasury yields?