, I appreciate why the central bank relies on market data and market sentiment when determining rates. The back and forth between IORB and market determined rates should get a little more attention.
Tag: fed funds rate
Federal Reserve issues FOMC statement
Recent indicators of spending and production have softened. Nonetheless, job gains have been robust in recent months, and the unemployment … More
Federal Open Market Committee announces its tentative meeting schedule for 2023
The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2023: January 31-February 1 (Tuesday-Wednesday) March 21-22 … More
Interbank market news scan: Foreign exchange markets preparing for U.S. jobs situation report…
March’s Nonfarm Payrolls report, which is due out on Friday at 12:30 GMT, is set to show an increase of … More
Interbank market news scan: Foreign exchange and selected interest rates as of 9:18 am EST
Currency Pairs Rates as of 9:18am 31 March 2021 EUR/USD 1.1725 AUD/USD 0.7610 GBP/USD 1.3769 USD/JPY 110.7400 NZD/USD 0.6995 USD/CHF … More
Interbank market news scan: Asia buffs up its foreign reserves …
Foreign exchange rates as of 26 February 2021, 8:29 EST AUS/USD : .7950 GBP/USD: 1.4113 EUR/USD: 1.2193 USD/CAD: 1.2523 USD/JPY: … More
Interbank market news scan as of 3:32 pm AST: Peso, Indian rupee, and Japanese yen weaken against the dollar
Currency pairs Exchange Rate Before Event 1:00pm AST Event Post Event Exchange Rate Post Event AUD/USD 0.7666 Federal Reserve announcement … More
As of 10:44 AST, Fed Funds and Treasury rates
Rates Federal Reserve as of 4 January 2021 Bloomberg as of 5 January 2021 10:44 AST Federal Funds Rate 0.09 … More
What’s happening this morning with bond prices …
As of 22 October 2020, yield on U.S. Treasurys are as follows: 3-month: .09% 6-month: .11% 12-month: .12% 2-year: .15% … More
Alton Drew's The Interbank Market 