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Bill Dudley: The Fed Is Wrong About How Low Interest Rates Will Go
This time around, the market has it right. The federal funds rate will probably stay a lot higher than what officials are projecting.Financial markets and the US Federal Reserve remain in disagreement on a subject crucial to asset prices and economic growth: how low interest rates will eventually go. Betting against the Fed is a fraught
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Posted: April 4, 2024 Thursday 06:00 AM