Justin Lahart
speaker
1,185 appearances
22 recordings
1 series
first heard Jul 2017
last heard Dec 2024
Justin Lahart’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
But again, we heard people say, oh, it doesn't really count before.
voice-verified
So it's going to make people a little leery if it happens.
voice-verified
Yeah, or over and over and over and over again when it comes to this thing.
voice-verified
Right.
voice-verified
Well, one of the things is, well, why did – right.
voice-verified
It's not that the yield curve inverting was necessarily what caused the problem.
voice-verified
A lot of times the reason – and I said it again, yield curve invert.
voice-verified
So much jargon.
voice-verified
Okay.
voice-verified
So let's just think about what that means.
voice-verified
What it means is if the short-term rates go higher, it means that people in the treasury market think that
voice-verified
overnight rates are going to be higher over the next two years than they will average over the next 10 years, right?
voice-verified
They're sort of saying that they're going to be higher than normal, which is another way of saying that the Fed is kind of ratcheting down on the economy, trying to cool the economy down.
voice-verified
Well, sometimes the Fed really needs to cool the economy down.
voice-verified
Sometimes, right, sometimes inflation is a problem.
voice-verified
Sometimes, right, the unemployment rate is so low that there's worry about wages going up.
voice-verified
There's worry about capacity in the economy.
voice-verified
They want to keep the economy from overheating.
voice-verified
It's part of their job.
voice-verified
They can't just sort of say, oh, we don't want to invert the yield curve, so we're just going to let the economy go crazy and overheat because that would create even bigger problems.
voice-verified
Showing 561–580 of 1,185 · page 29 of 60
← Previous
Next →