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Don't Count on the Fed Cutting Rates When the Economy is this Good
Wednesday, June 12, 2019 in Press
"Fade the futures.” That’s market jargon for going against the financial futures market, in this case the contracts on what the federal-funds rate will be in months hence. The market is betting on multiple reductions in the Federal Reserve’s main interest-rate target later this year. The trouble is, the futures market was just as certain late last year that multiple rate increases were ahead.
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In this edition of the IMET Participant Spotlight, we feature the Village of Richton Park and Wasiu Fashina, Assistant Village Manager and Director of Finance, who shares how the Village utilizes IMET to support reserve funds, prioritize safety of principal, and strengthen its long-term financial strategy.
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Read moreClick on the link below to read the latest IMET Monthly Newsletter:
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Read moreClick on the link below to read the latest IMET Monthly Newsletter:
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