Fed Easing Cycles and Unsustainable Fiscal Policy: Macro Matters

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "Fed Easing Cycles and Unsustainable Fiscal Policy: Macro Matters" was published on July 25, 2024 and runs 24 minutes.

July 25, 2024 ·24m · FICC Focus

Summary

The economy is firing on all cylinders and continues to show positive momentum, says Lara Rhame, chief US economist at FS Investments. Rhame joins Macro Matters co-host and Bloomberg Intelligence chief US rates strategist Ira Jersey and senior US rates strategy associate Will Hoffman to discuss the major drivers of the US Treasury market. The trio examine how the Federal Reserve may respond to current and future economic conditions, and the impact of various outcomes across asset classes and the Treasury curve. They also discuss the likely path of fiscal policy and the potential implications of sustained deficit spending on longer-maturity Treasury performance.

Episode Description