Watch Floating-Rate ETF USFR for 2023

Try as they might, markets have yet to will Federal Reserve Chairman Jerome Powell away from continued interest rate hikes. The December FOMC minutes showed a Federal Reserve intent on hitting a terminal rate between 4.5% and 4.75%, with projections reaching a level as high as 5.1% before inflation is tamed to the Fed’s standards. [...] The post Watch Floating-Rate ETF USFR for 2023 appeared first on ETF Trends .