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rates-by-75-basis  on September 14, 2023


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Our investment and economic outlook, September 2023 - Vanguard

Over decades, U.S. fiscal and monetary policies have mostly traveled in the same direction, toward either more restrictive (tighter) or less restrictive (looser) financial conditions. Recently, though, they have diverged. Legislation intended to boost the economy after the COVID-19 pandemic has run into an aggressive series of central bank interest rate hikes meant to quell the post-pandemic recovery’s rampant inflation.

corporate.vanguard.com     Sep 14, 2023