Fed funds rate

Vital Market Prices at the Time of Prior FOMC Meetings

December 16, 2009

The FOMC is not expected to change its Fed funds target, nor is the conditional guidance that “exceptionally low rates for and extended period” likely to get modified further.  The last statement of November 4 made news by imposing three conditions to that pledge: low resource utilization (which can be determined from the jobless rate […] More