BLOOMBERG Bloomberg Real Yield July 16, 2017
Inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to their 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be pretty flat between now and the year ends. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes very slowly. And like i said, they may never get to the terminal point they are telling you that they will get. This is a victory to hand...