Sweat the big stuff: Interest Rate Risk
Jeff For Banks
MAY 29, 2012
'I have been thinking about interest rate increases for some time now. The Fed lowered the Fed Funds rate to a target of 0 – 25 bps in December 2008. Since that time we all knew that the next move would be up, and pundits have been predicting the “when” like sportscasters predict the next champion. Once the Fed senses economic recovery and inflation indicators start blinking red, they will move.
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