Economist DeQuadros Thinks People Are Watching the Wrong Yield Curve

The transcript discusses the Federal Reserve's communication strategy and public perception of its inflation targets. It highlights the gap between public understanding and the Fed's actual targets, with many believing the target is much higher than it is. The discussion also covers current inflation data, showing a balance between rising service inflation and lower goods inflation, averaging around 2%. The transcript further explores market reactions, the yield curve's role in signaling economic changes, and the Fed's influence on both short and long-term rates through its balance sheet actions.

In what ways has the Fed's approach to managing interest rates changed recently?

What arguments are presented regarding the yield curve and its implications for the economy?