Fed Watch: Full Steam Ahead
At today’s FOMC meeting, the Fed raised the Fed Funds target by 75 basis points. This week on the Basis Points podcast, Kevin Flanagan discusses the driving factors behind this decision and what we might expect from the Fed in the future.
Basis Points: 1/100th of 1 percent.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.