Q4 Fixed Income Commentary

On December 14th the Federal Open Market Committee (FOMC) increased the target federal funds rate by 25bps. The move was widely expected but, remarkably, was only the second raise of the target rate in over a decade. In her press conference following the meeting, FOMC...

Economics Today

Federal Reserve/Economic Reports According to the November meeting minutes, FOMC members indicated the case to hike interest rates continued to strengthen. Many members believe a rate hike should happen “relatively soon” and argued that, to preserve credibility, such...