Pantheon Macroeconomics - The FOMC did the minimum expected of it yesterday, raising rates by 25bp--with a 20bp increase in IOER--and dropping one of its dots for 2019.

U.S. | 20 December 2018 The Dovish Hike wasn't Dovish Enough for the Stock Market
The FOMC did the minimum expected of it yesterday, raising rates by 25bp--with a 20bp increase in IOER--and dropping one of its dots for 2019.

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20 December 2018 The Dovish Hike wasn't Dovish Enough for the Stock Market

By Ian Shepherdson

The FOMC did the minimum expected of it yesterday, raising rates by 25bp--with a 20bp increase in IOER--and dropping one of its dots for 2019.

Posted: 20th Dec 2018 in 'U.S.'

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