Fed Funds + SOFR, 2022-2026: the squeeze that forced the play
From 0.08% in January 2022 to 5.33% by mid-2023, the Fed Funds Rate climbed faster than at any point since 1981. Every dollar of working capital suddenly cost real money.
From 0.08% in January 2022 to 5.33% by mid-2023, the Fed Funds Rate climbed faster than at any point since 1981. Every dollar of working capital suddenly cost real money.
