The Future of Interest Rates
Much like the Colorado Rockies’ baseball season, which lasted longer than anyone thought, the era of record-low, long-term interest rates appears to be over with Prime, LIBOR and Treasury Rates at levels not seen in quite a few years. But where are rates headed from here? Is there enough factual evidence to warrant four more increases to the Fed Funds rate as currently anticipated? Let’s take a look at how we got here and all of the factors currently at play.