Jim Bianco, president of Bianco Research, calls in to discuss the state of markets and central banking following Wednesday's rate cut.
2:25 Press conference post-mortem8:01 Inverted yield curve: predictor of recession, or cause?14:10 Negative rates on the way for the U.S.?21:41 Jim's interview at the Fed
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the "Financial Times", "The Wall Street Journal" and "Foreign Affairs."