Forget Anticipating the Fed: Try Floating Rates Instead
August 31, 2022 at 14:47 PM EDT
Cleveland Federal Reserve President Loretta Mester, a voting member of the Federal Open Market Committee that votes on interest rate policy, said in a speech Wednesday that she anticipates benchmark fed funds rates will need to be greater than 4% with zero rate cuts through 2023 minimum. It’s an aggressively hawkish stance compared to current [...] The post Forget Anticipating the Fed: Try Floating Rates Instead appeared first on ETF Trends .
