High Interest Rates Here To Stay

The U.S. Federal Reserve is broadly expected to raise interest rates by another 25 basis points at its next policy meeting in September, but market pricing suggests the central bank will begin cutting in 2024, according to the CME Group’s FedWatch tool.
“We should be keeping rates around the 5% area in most of the developed world, because they should have some sort of positive relation to the level of inflation, if we want it to be permanently stable,” economist Jim O’Neill said.

12 thoughts on “High Interest Rates Here To Stay

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