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Federal Reserve Watch: Fed Has Kept Federal Funds Rate Constant Since September 1

Federal Reserve Watch: Fed Has Kept Federal Funds Rate Constant Since September 1

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The Federal Reserve has overseen its policy rate of interest, the Federal Funds rate, remaining constant since early September. The Fed has continued to buy roughly $120.0 billion in securities every month but, to keep the Fed Funds rate constant, it has sold even more securities through repurchase agreements.

...read full article on Seeking Alpha

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