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September 01, 2020 10:27am
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Is the Federal Reserve Behind the Curve?

By Andrew Rice Partner, Portfolio Manager and Chief Operating Officer The Federal funds rate is currently targeted between 0.75 to 1.00%,[1] with an additional 50 to 75 basis points on the table this week.[2] The two-year treasury yield has been 40 basis points above the Federal funds rate on...
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