Forecast survey: Fed seen as keeping rates at rock bottom through yield-curve control
The Federal Reserve is seen as increasingly likely to keep interest rates at near-zero percent until 2023 or beyond and will find new ways to keep borrowing costs at rock-bottom levels.
SEIA’s chief investment officer, Deron McCoy, along with a growing number of financial and economic experts surveyed for Bankrate’s June Fed Forecast say the U.S. central bank won’t be able to lift rates for three to four years.
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