Talk of The Villages Florida - View Single Post - Move all investment money into fixed income?
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Old 11-21-2022, 08:00 PM
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Originally Posted by melpetezrinski View Post
"Jerome Powell, head of the Federal Reserve, has said that the goal is for interest rates to be more than the inflation rate." Please provide your source!
Fed Chair Jerome Powell signaled officials will likely take interest rates even higher than the 4.5-4.75 percent they initially projected in September, but might take smaller steps to get there. That could mean rate hikes worth a slower half a percentage point — and eventually a quarter point.Nov 3, 2022 Bank Rate.