Negative interest rates may sound like something out of “Through the Looking Glass,” but they’re a reality these days in the market for Treasury Inflation-Protected Securities. Holders of TIPS get the quoted interest rate plus a sum that compensates for…
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Loading ...When the Federal Reserve decided last night to make an emergency 0.75 percent cut in its target federal funds rate, eight members of the Federal Open Market Committee approved the move. The lone dissenter was William Poole, president of the Federal Reserve…
(1 votes, average: 4 out of 5) Loading ...There’s no mystery about what the Federal Reserve will do with interest-rate policy at a meeting this week: It’s widely expected to keep the overnight federal funds rate at 5.25 percent, where it’s been for a year now.
That lack…
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