Government and private sector debt has risen sharply amid elevated fiscal spending and slow economic growth during the pandemic.
Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.
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Fed Fund futures are a reflection of the marketplace's insight about the course of the Federal Reserve’s monetary policy.