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When Should The Fed Raise Rates?
Tuesday, March 10, 2015 - 12:05pm | 358Read More...Investors and analysts turned their attention back to the U.S. Federal Reserve this week after strong jobs data suggested that the bank may be looking to raise interest rates sooner rather than later. The bank has kept borrowing costs near zero since December 2008, but most expect a rate hike some...
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NY Fed Monetizes $4.7 Billion In Today's POMO
Friday, October 15, 2010 - 11:20am | 60Read More...Federal Reserve Bank of New York completed its Permanent Open Market Operations (POMO) today, monetizing $4.7 billion in bonds. Here is the full report. After the completion of POMO, the markets are mixed, with the s&p 500 and the NASDAQ trading higher, and the Dow is down by 26 points.
