Higher Interest Rates Can Aid Insurers Pension Portfolios - If They are Ready
June 01, 2017
Higher Interest Rates Can Aid Insurers, Pension Portfolios - If They are Ready
The Board of Governors of the Federal Reserve System (the Fed) raised the Fed Funds rate on June 14, 2017, the third 25-basis-point increase in six months, and expects a number of similar increases through 2018 (see Figure 1). This confirms a long-anticipated theme: interest rates are on the rise.