The Federal Reserve is seen as increasingly likely to keep interest rates at near-zero percent until 2023 or beyond and will find new ways to keep borrowing costs at rock-bottom levels.
SEIA’s chief investment officer, Deron McCoy, along with a growing number of financial and economic experts surveyed for Bankrate’s June Fed Forecast say the U.S. central bank won’t be able to lift rates for three to four years.
Click here to read the entire article.