AAR: Rail Carloads Down YoY in April, Intermodal Up
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From the Association of American Railroads (AAR) Rail Time Indicators. *Graphs
and excerpts reprinted with permission*.
Total originated U.S. carloads ave...
2021-08-13
The Last Time the Fed Announced a Taper
Conditions are different in some ways, similar in others. The most relevant to me is that rates jumped on the "taper tantrum" in May 2013 and peaked right as the taper was officially kicked off in January 2014.
Labels:
economy,
Federal Reserve,
interest rates,
QT
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