” Story continues” I think what well discover as the year progresses is that growth is strong, there is some prices pressure, but the Feds going to let it run … and cyclically, rates need to move higher from here. Thats not to state that rates are going to 2.5% or 3%,” he included. “Were still going to be in a structurally low interest rate environment, probably for a lot of the rest of our professions if not the rest of our lives.

” Story continues” I believe what well find as the year progresses is that growth is strong, there is some rates pressure, but the Feds going to let it run … and cyclically, rates ought to move higher from here. Thats not to state that rates are going to 2.5% or 3%,” he added. “Were still going to be in a structurally low interest rate environment, most likely for a lot of the rest of our professions if not the rest of our lives.