Abnormally Low Interest Rates Remain, Even If Fed Hikes in 2023
June 24, 2021 at 13:22 PM EDT
The Federal Reserve’s first rate hike may be moved up by one year to 2023, according to the central bank’s economic projections The Federal Reserve’s meeting last week sparked a selloff in stocks and bonds as the central bank’s projections showed it may bump up interest rates by the end of 2023, a...