Market News

The Federal Reserve cut interest rates this morning in an emergency move designed to protect the U.S. economy from the impact of the spreading coronavirus. The Federal Funds rate was cut by 50 basis points (bps) and now stands at 1.00%-1.25%. It was... Read more
The Federal Reserve lowered the Federal Funds rate range today by 25 basis points (bps) to 1.50% - 1.75%, a move that was widely expected and fully priced into the market. There continues to be a division within the voting members, with Esther... Read more
The Federal Reserve lowered the Federal Funds rate today by 25 basis points (bps) to 1.75% - 2.00%, a move that was widely expected and fully priced in the market. There was division within the voting members, with Esther George and Eric Rosengren... Read more
History was made on August 14, 2019, with the recording of the lowest closing yield (2.02%), on the 30-year U.S. Treasury since regular auctions began in 1977. The previous lowest closing yield (2.099%) was recorded on July 8, 2016. Read more
In one of the most anticipated meeting outcomes in recent memory, the Federal Reserve lowered the Federal Funds rate today by 25 basis points (bps) to 2.00% - 2.25% and left the door open for further cuts this year. This is the first move lower in... Read more
The Federal Open Market Committee (FOMC) held rates steady today, leaving the fed funds rate at 2.25% - 2.50%, but left the door open for possible rate cuts later this year. In acknowledging that economic growth is slowing, the Fed dropped the word... Read more

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