Putting Fed Rate Hikes into Perspective

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By Kevin Nicholson, CFA, Global Fixed Income CIO, Co-Head of Investment Comittee SUMMARY We believe the median forecast for interest rates for the Federal Open Market Committee in 2024 is 2.125%. In this event, US Public debt would ultimately increase by 0.8% of Gross Domestic Product by our estimates. This increased interest cost should have […] Read more at ETFtrends.com.