Trouble for the Curve: Recession Versus Inflation Is the Fed’s Hobson’s Choice

Trouble for the Curve: Recession Versus Inflation Is the Fed’s Hobson’s Choice
One way that policymakers can currently help restrain inflation is by the Fed selling off the Treasury and mortgage assets it acquired during the pandemic. Shutterstock
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Commentary

The yield curve measures the difference between short-term borrowings, or “short” money, and “long” money, borrowed on longer terms.

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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