The blue line area shows the historic and current FED's Fund Rate.
Looking back in the past it appears the US10Y (yellow line) is predictive of FED's fund rate upper target (orange arrows).
The US3M (turquoise line) seems to be a good indicator to get a feeling for the FED's fund rate short-term up or downward trend.
In the FOMC Summary of Economic Projections...
While the Federal Reserve aims for - Full Employment...
The Math in the preceding prior 2 commentaries, turns
that Sillyness on its head.
While Producers are simply just Beginning to pass to on
Higher Costs (Reported by EVERY COMPANY during Q3 EPS)...
With the Highest Rate of Change in HIstory for this Ratio...
It's all...
