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- People Are Getting Fooled By The Fed Fund Futures (FOMC Decision Today)
People Are Getting Fooled By The Fed Fund Futures (FOMC Decision Today)
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Today the Federal Reserve is going to lower interest points by one quarter of a point this afternoon. Even though there is not justifiable economic reason for them to do this, because there is no recession and inflation has ticked back up in the last two CPI inflation reports, the Fed folks are going to cut because they have kept saying they would into the end of this year, starting back in September, before the election.