Heard on the Street: The right level for interest rates will eventually be much lower, according to financial markets and policy makers, but that is no certain thing
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Markets, Federal Reserve policy makers forecast that right level for interest rates will eventually be much lower, but that is not certainFederal Reserve Chair Jerome Powell said the central bank is likely to raise interest rates further, during a panel discussion at a European Central Bank symposium recently. Photo: European Central Bank
Federal Reserve policy makers and investors aren’t always on the same page, but when it comes to their expectations of where rates will end up over the long haul, they agree: much lower than they are now.Continue reading your article with
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