Key Takeaways: • The recent banking crisis shifted market expectations for the peak Fed funds rate down by 0.75% to around 5.00% since the beginning of March 2023. • Long-term yields have started to drop as markets price in a higher likelihood of a recession, which...
It’s August 2007 and Congress is not in session, but once they return, they have some very interesting legislation to [re]consider (the bill was originally introduced in the fall of 2006). According to analyses by Towers Perrin and the American Benefits Council,...