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Today, Tomorrow, And Next Year  December 16, 2021
Hedge Fund Cumberland Advisors Views: 1

Today, Tomorrow, and Next Year

December 16, 2021Robert Eisenbeis, Ph.D.

Vice Chairman & Chief Monetary Economist

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The FOMC did three things yesterday. It affirmed its current accommodative interest rate policy by keeping its target for the federal funds rate at 0%–.25%. It accelerated the decrease in its asset purchase program, which now, if the schedule holds, would end by March. Policy would still be extremely accommodative on both the interest rate and liquidity fronts,


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