Where Are Interest Rates Going This Year? A Lot Higher
How High Will Interest Rates Go This Year? To Record LevelsIf you are wondering where interest rates (NASDAQ:IEF) are going this year or how high they might go the best answers we can give is a lot higher. Not only is the FOMC poised to begin aggressively hiking rates this week but the fundamental conditions driving their actions are gaining momentum. The latest CPI data was well above expectations, underpinned by rising oil prices, and there is no end to the rise in oil prices that we can see. The energy market is so constrained the next hit to production, output, future capacity, or storage ...