The US Federal Reserve pushed the FED Funds rate higher by 0.25 of a percentage point to the range of 50-75 bps (from 25-50 bps) – this move was entirely as expected. Read more of Brian Lavery, Director and Portfolio Manager commentary on "US Fed Raises Rates" here.
Fed Tracker - December 2016
The US Federal Reserve pushed the FED Funds rate higher by 0.25 of a percentage point to the range of 50-75 bps (from 25-50 bps) – this move was entirely as expected. Read more of Brian Lavery, Director and Portfolio Manager commentary on "US Fed Raises Rates" here.