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re: Jan 27 to 28 FOMC Meeting Minutes

Posted on 2/18/15 at 4:40 pm to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 2/18/15 at 4:40 pm to
My understanding is pretty basic, and I obviously won't be trading any RRP's, etc. Looks to me like the RRP's will be used to set floors in the interest rate markets and the swaps are for making sure liquidity doesn't dry up. Also, looks to me like the likelihood of an interest rate increase this summer went down.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10242 posts
Posted on 2/18/15 at 5:15 pm to
I think maybe. Although you wouldn't have reason to believe that in my area. 3.9% unemployment and fairly robust housing market.

Strange recovery, or whatever the talking points are today.
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