Shadow Rate Shows Fed May Be Nearing the End of Hiking Cycle
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Shadow Rate Shows Fed May Be Nearing the End of Hiking Cycle

(Bloomberg) -- Investors take heed: while many economists -- and the Federal Reserve itself -- see the U.S. interest-rate hiking cycle at only about half-done, it may instead be closer to the end.
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