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Fed Watch: Holding the Line

The Fed held rates steady at the October FOMC meeting, but another increase in December remains in play if growth stays solid and inflation remains above target. On the Basis Points podcast, Kevin Flanagan explains why policymakers may take a deliberate, data dependent approach, what recent comments from the Fed’s “Big Three” suggest, and why the latest Treasury rally may not change the forces behind higher longer dated yields.

Basis point: 1/100th of 1 percent.

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