The Fed’s rate lever is breaking as bond markets stop following its lead

For decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to stimulate growth. But after years of massive government borrowing, post-pandemic inflation, and repeated stress inside the Treasury market, that system may no longer work the way Americans expect. Today, the Fed can cut […] The post The Fed’s rate lever is breaking as bond markets stop following its lead appeared first on CryptoSlate.