Will Fed Funds Hit 4% During This Hiking Cycle?
September 16, 2022 at 13:51 PM EDT
Market and investor hopes of inflation easing were dashed this week with the release of August’s consumer price index report that revealed broad inflation growing 0.1% month-over-month and core inflation climbing 0.6% over the same period. Fed fund rates, currently between 2.25-2.50%, could conceivably hit 4% early next year, and Kevin Flanagan, head of fixed [...] The post Will Fed Funds Hit 4% During This Hiking Cycle? appeared first on ETF Trends .