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06 11 2017
The next increase in the base rate is most likely to occur in December, as soon as managers understand how the reduction in balance affects the markets. Managers will try to avoid inversion of the yield curve, as this significantly changes the incentives and behavior of the financial sector.
The next increase in the base rate is most likely to occur in December, as soon as managers understand how the reduction in balance affects the markets. Managers will try to avoid inversion of the yield curve, as this significantly changes the incentives and behavior of the financial sector.
