Wall Street’s Rare Feat: The Fed and Markets Are on the Same Page - News Summed Up

Wall Street’s Rare Feat: The Fed and Markets Are on the Same Page


Financial markets and the Federal Reserve are finally speaking the same language on interest rates. Friday’s upbeat jobs report almost certainly means another rate increase at this week’s Fed meeting, the first of three that central-bank officials forecast over the course of the year. Investors had been skeptical about that pace. Now, they are no longer fighting the Fed based on bets in the federal-fund futures market. That might...


Source: Wall Street Journal March 12, 2017 18:00 UTC



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