Dr. Jeff on Nostr: What I'm watching... š The Federal Funds Effective Rate (FFER) has been set at ...
What I'm watching... š
The Federal Funds Effective Rate (FFER) has been set at 5.33% since August 2023.
It will almost certainly be lower by the end of the day.
The FFER heavily influences short-term T-bill rates, as well as the amount and flow of money utilizing Overnight Reverse Repurchase Agreements... which is a significant component of US Net Liquidity.
#macro
The Federal Funds Effective Rate (FFER) has been set at 5.33% since August 2023.
It will almost certainly be lower by the end of the day.
The FFER heavily influences short-term T-bill rates, as well as the amount and flow of money utilizing Overnight Reverse Repurchase Agreements... which is a significant component of US Net Liquidity.
#macro