“It looks like interest rates will have to rise a lot ,” the billionaire founder of Bridgewater Associates LP wrote in a LinkedIn article dated Tuesday. “This will bring private sector credit growth down, which will bring private sector spending and, hence, the economy down with it.”
The rate market suggests traders have fully priced in a 75-basis-point hike next week by the Federal Reserve, with a slight chance for a full percentage point move. Traders expect the Fed fund rate to peak at close to 4.5 per cent next year, from the current range of 2.25 per cent and 2.5 per cent. Dalio said the US yield curve will be “relatively flat” until there is an “unacceptable negative effect” on the economy.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »