One way to see "behind the curtain" can be found here with the overnight lending rates in relation to the actual Fed Funds target rate. The pattern suggests no rate change, but the wording of next weeks statement might be disruptive.
Agreed. In fact, it's a foregone conclusion based on the FED's behind the scenes activities.Those latest inflation numbers make it virtually a guarantee that the Fed will hold rates unchanged at next week’s meeting, and will reiterate the warning that it is still more worried about inflation than about the slowing economy.
Help me out here fib. Are you referring to the Repos? Could you explain further?
Fib
