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Fed took comfort in inflation expectations staying anchored, says Fmr. Kansas City Fed President
CNBC Television· 2026-08-20 21:18
So, how do the moves in the bond market and the Treasury intervention mean for the Federal Reserve. Does it put more pressure on them to lower rates. Joining us now, Esther George, former Kansas City Fed President.Esther, great to see you and great to get your thoughts on this. Um, what is what is your take. uh because even if yields come down a bit, I mean the the issue here is the national debt, it's the deficit, it's the funding costs behind it and yields are still fairly high even if they are uh going t ...