
Bionic Turtle’s Week in Risk — Ending December 18th
Selected News As expected, the Federal Reserve nudged up the federal-funds rate by 25 basis points to the range [0.50%, 0.75%] https://www.federalreserve.gov/newsevents/press/monetary/20161214a.htm Importantly, the median expected fed funds rate was revised upwards to 1.375% with an implied expectation of three (3) rate increases in 2017 (aka, the dot plot) https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20161214.htm Dollar Surges as U.S. Prepares...
Read More