Ex-Fed Economist Warns About ‘Inflation Trap’ As Central Bank Prepares to Vote
Former Fed economist Marvin Barth debunks debt panic, blaming primary deficits—not nominal debt or bond yields—for U.S. budget risks.
Economy · News reference
A global bond yield crisis has pushed borrowing costs to multi-decade highs in the U.S., UK, and Japan, while China's yields near record lows.
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Former Fed economist Marvin Barth debunks debt panic, blaming primary deficits—not nominal debt or bond yields—for U.S. budget risks.
Gary Black said a 25-basis-point Fed hike, if positioned as 'one-and-done' could push yields lower and be better for stocks.
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