Federal Reserve Tampering with Interest Rates Distorts the Shape of the Yield Curve

Tags: The Fed, Free Markets, Inflation, U.S. Economy

10/31/2022 Frank Shostak

In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won’t happen.

Original Article: “Federal Reserve Tampering with Interest Rates Distorts the Shape of the Yield Curve”

This Audio Mises Wire is generously sponsored by Christopher Condon. ‘

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.