Sources: Macrobond and William Blair, as of December 2023.
2.0
2.3
2.9
3.7
4.4
4.3
4.1
3.9
3.5
3.0
2.4
1.9
3.9
4.0
4.2
4.2
As inflation moderates, real rates will continue to rise—and become more restrictive—if the Fed chooses to maintain their current policy rates.
U.S. Real Rates