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Closed-End Fund Commentaries

Fed Stays on Right Hiking Path

Dec 13, 2017
Click here to access Fed Stays on Right Hiking Path

The Federal Reserve did what just about everyone
expected earlier today and raised short-term interest rates by 0.25 percentage points. The federal funds rate is now in a range from 1.25 - 1.50% and the Fed is now paying banks 1.50% on their reserve balances.

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