25BP Hike = Greater Risk Free Interest Creation

Last hike? No Recession? Dow 13th victory in a row?

Jul 27, 2023

∙ Paid

So the FOMC results were as expected a nice cherry on top 25bp hike to move the Federal Funds target range to 5.25%-5.50%. This also means that $1.75T in RRP will now earn a juicy 5.30%, creating ris…

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