December Fed Meeting: FOMC Lowers Rates, Overcomes The Divide

The December Federal Open Market Committee (“FOMC”) was one of the more consequential meetings in recent memory. The voting members have rarely been more divided heading into the meeting. It was up to Chairman Jerome Powell, whose term expiresAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...