There have been ten additional rate hikes, the last of which occurred on July 26, 2023 pushing the WSJ Prime to 8.50%. Although the Consumer Price Index as of early January 2024 is 3.4% and the FOMC's target inflation is 2.0%, many economists believe the lagging effects o...
11In light of this rule, we assumed a risk-free rate of 4.4 per cent p.a. and a mortgage rate of 6.0 per cent p.a., in line with historical levels.