Still time left for EDU's Christmas Sale, memberships and research subscriptions. https://www.eurodollar.university/sales-page-1In a very important and very real sense, the Fed has already pivoted by embracing the recent and sharp decline in market interest rates. Why? In a word, insurance. Along with other crucial concerns, officials are no longer so sure the soft landing is on track. Since central bankers and Economists believe lower rates are "accommodative", they believe a pivot could help cushion being wrong about the economy.Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates