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MBS Day Ahead: Why Today Could Matter: A Lesson From an Old Fed Announcement

(Mortgage News Daily) - 1 years, 7 months ago
 Posted To: MBS CommentaryRemember 2015? The Fed spent the whole year talking about hiking rates for the first after spending years at 0% and ultimately didn't get around to it until December. But perhaps the most interesting phrase in any of the year's Fed announcements was seen in the October Announcement. It was as follows: "In determining whether it will be appropriate to raise the target range at its next meeting," This was the first time the Fed had "called its shot...
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