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Bill Dudley: The Fed Still Has a Lot of Quantitative Tightening to Do
The upward pressure on long-term interest rates from QT will persist until late 2025. The US Federal Reserve’s efforts to quell inflation have sent long-term interest rates to their highest level in a generation, putting a lot of stress on banks, companies and anyone looking to finance a new home. How long will this go on? Judging from the
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Posted: October 18, 2023 Wednesday 06:00 AM