FOMC Preview – How Long Ago Was December?

Special report: FOMC Preview – How Long Ago Was December?

Although the Fed has set out on its path to policy normalization and has signaled 100 basis points of rate hikes in 2016, the market is not pricing any changes later today. This should come as a relief to both the market and the Fed, given the intense round of risk liquidation in early 2016.

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