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October 24, 2022

Throwing Darts at a Moving Target: Forecasting the Fed Funds Terminal Rate

In recent weeks, there has been a divergence of opinion on one of the most important macroeconomic topics monitored throughout the finance industry. No, not the disappearance of Alaskan Snow Crabs, but the impossible task of forecasting the federal funds terminal rate. With futures markets currently pricing in an approximate peak rate of 5% in...
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