The markets are discounting the chances at 65% for a -25 bp rate cut at the December 17-18 FOMCmeeting. Overseas stock markets Friday settled mixed. The Euro Stoxx 50 closed down -1.01%. China's ...
At these FOMCmeetings, the committee also sets the federal funds target rate cited in its dual mandate. Called the Fed rate, this rate is the benchmark that influences what U.S. banks charge to ...
The FOMCmeeting today has taken a somewhat back seat to the US election this week. Of course, that was to be expected, but markets do appear to have settled following the return to the White ...
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