1 Feb 2024
US Interest Rates: Down, down, down
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
Looks like it is all over for interest rate hikes.
The question now is how much will the Federal Reserve cut?
Market is thinking 2.5% from the current 5.25%-5.50% but it could be bigger if the United States finds itself falling into a deeper recession.
Click for chart.
Just remember, when the United States and or Australia do go into their next recession the outcome will be the same, investors will be presented with an opportunity to buy more quality asset at a discounted price.
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