Trading the Market’s Revised Outlook for Interest Rates in 2022
Market activity suggests the Federal Reserve will raise benchmark interest rates by another 0.75-1.00% on September 21, with the federal funds rate now expected to peak somewhere between 4.25% and 4.50% in Q1 2023. As evidenced by the big drop in the major U.S. stock indices on Sept. 13, interest rates remain one of the … Continued