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  • Tidal forces: Dissecting the interest rate equation

    According to a paper (Tidal Forces: Dissecting the interest rate equation) from BNY Mellon Investment Management’s chief economist, Shamik Dhar, rates are likely to settle between 4.5% and 5.5% – a range not seen since 2008 and certainly more reminiscent of the 1980s and 1990s.

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