In June of 2020 our annual publication on our view of interest rates was published in BenefitsPRO, which was an interesting time in the economy due to the ongoing pandemic. The Fed had moved the Fed Funds rate to 0.00% – 0.25%, unemployment spiked up to 15%, and credit spreads had widened out considerably. We've since moved through a US presidential election, had multiple vaccines approved for distribution to combat COVID-19, and continued to see equity markets provide positive returns. This quick update looks at what changed in the second half of 2020 and our thoughts on what might happen with interest rates based on where we're at today.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.