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Will Fed Funds Hit 4% During This Hiking Cycle?

Market and investor hopes of inflation easing were dashed this week with the release of August’s consumer price index report that revealed broad inflation growing 0.1% month-over-month and core inflation climbing 0.6% over the same period. Fed fund rates, currently between 2.25-2.50%, could conceivably hit 4% early next year, and Kevin Flanagan, head of fixed [...] The post Will Fed Funds Hit 4% During This Hiking Cycle? appeared first on ETF Trends .
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