The Hidden Forces Driving Interest Rates & Market Volatility
On this week's episode of THE FINANCIAL COMMUTE, host Chris Galeski welcomes Chief Investment Officer Meghan Pinchuk to discuss interest rates, the hidden forces behind them and their impact on the economy.
Here are some key takeaways from their conversation:
While many perceive current interest rates as extreme, they are in line with long-term historical averages.
Despite Fed rate cuts in 2024, long-term rates (like the 10-year Treasury yield) rose, making mortgages and loans more expensive.
The Federal Reserve influences short-term rates, but the bond market determines longer-term rates…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.