Even If the Fed Cuts, the Days of Ultralow Rates Are Over
https://www.wsj.com/economy/central-banking/why-high-interest-rates-could-be-here-for-the-long-run-c6670448
Soaring budget deficits and investment needs mean the ‘neutral’ interest rate may be higher.
My takes from 2023:
Will the Fed keep interest rates ‘higher for longer’? BY VIVEKANAND JAYAKUMAR, The Hill - 05/16/23
‘Overly data-dependent’ — how the Fed and the markets keep getting it wrong by VIVEKANAND JAYAKUMAR, The Hill - 09/07/23
https://thehill.com/opinion/finance/4189467-overly-data-dependent-how-the-fed-and-the-markets-keep-getting-it-wrong/
Back to the future? The new interest rate normal might look a lot like the pre-crash era by VIVEKANAND JAYAKUMAR, The Hill - 11/09/23
https://thehill.com/opinion/finance/4299865-back-to-the-future-the-new-interest-rate-normal-might-look-a-lot-like-the-pre-crash-era
https://www.wsj.com/economy/central-banking/why-high-interest-rates-could-be-here-for-the-long-run-c6670448
Soaring budget deficits and investment needs mean the ‘neutral’ interest rate may be higher.
My takes from 2023:
Will the Fed keep interest rates ‘higher for longer’? BY VIVEKANAND JAYAKUMAR, The Hill - 05/16/23
‘Overly data-dependent’ — how the Fed and the markets keep getting it wrong by VIVEKANAND JAYAKUMAR, The Hill - 09/07/23
https://thehill.com/opinion/finance/4189467-overly-data-dependent-how-the-fed-and-the-markets-keep-getting-it-wrong/
Back to the future? The new interest rate normal might look a lot like the pre-crash era by VIVEKANAND JAYAKUMAR, The Hill - 11/09/23
https://thehill.com/opinion/finance/4299865-back-to-the-future-the-new-interest-rate-normal-might-look-a-lot-like-the-pre-crash-era