#ContentStar History tells us we’re in for a strong bull market with a hard landing
Consumer debt is at a record high, a fact that will weigh on the market in 2024. Yet, it's safe to say central banks will keep rewriting the rules to keep the economy at full steam. While the United States Federal Reserve decided to hold interest rates at its November meeting, they remain at their highest level since well before the global financial crisis (GFC) of 2008-09. The Federal Funds rate stands at 5.25-5.5%, similar to the United Kingdom’s 5.25%, while in the European Union it is at a record high of 4%.
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#ContentStar History tells us we’re in for a strong bull market with a hard landing
Consumer debt is at a record high, a fact that will weigh on the market in 2024. Yet, it's safe to say central banks will keep rewriting the rules to keep the economy at full steam. While the United States Federal Reserve decided to hold interest rates at its November meeting, they remain at their highest level since well before the global financial crisis (GFC) of 2008-09. The Federal Funds rate stands at 5.25-5.5%, similar to the United Kingdom’s 5.25%, while in the European Union it is at a record high of 4%.