Line graph showing the effective federal funds rate versus two-year and ten-year Treasury yields.

Are we about to really feel the financial ache that Powell warned would come?

Final August, when the Federal Reserve was within the midst of its most aggressive rate of interest hike marketing campaign in a long time to convey down the very best inflation in a long time, Federal Reserve Chairman Jerome Powell warned that his efforts would trigger some ache to households and companies. That ache may …

Are we about to really feel the financial ache that Powell warned would come? Read More »