The ETF Portfolio Strategist: 26 Jan 2022
Trend Watch
The Federal Reserve today announced that it was keeping its target rate unchanged at a 0%-to-0.25% range, but the real news is the central bank “expects it will soon be appropriate to raise the target range for the federal funds rate.”
“Soon” equates to the March 16 FOMC meeting, when the probability of a rate hike is estimated at ~92%, based on today’s