Wednesday, September 21, 2016

Fed Holds Rates Steady; Nothing To See Here

As expected, the Fed holds the federal funds overnight rate at 0.25-0.50%.

Since this was a foregone conclusion, there's little need to mention the market reaction, which, as always, was BUY! BUY! BUY!

It's a little bit sick, this interest rate game. Money Daily will have more on this in coming days.

No comments: