Don’t Expect Rates to Go Down Just Yet
June 15, 2023 at 17:44 PM EDT
After a series of interest rate hikes, the Federal Reserve decided to hold steady on Wednesday. For now, the Fed is keeping the federal funds rate at its current target range of 5% to 5.25%. And while markets expect the Fed to cut interest rates before year-end, a machine-learning model from Vanguard suggests otherwise. In [...] The post Don’t Expect Rates to Go Down Just Yet appeared first on ETF Trends .
