Pub. 3 2024 Issue 6
By Michael Benedict, Managing Director, Fixed Income Strategies, Stifel
Well, it finally happened. After increasing short-term policy rates at the fastest pace in modern history and holding them there for more than a year, the Federal Reserve reduced the federal funds rate by 50 basis points (0.50%) in September to kick off an eagerly anticipated rate-cut cycle.
By Shelli Clarkston, Spencer Fane LLP
By William J. Showalter, CRCM, CRP, Senior Consultant, Young & Associates Inc.
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