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Recent Reports

Investors’ eyes and ears are turning toward the actual functioning of markets, even as we hear continual proclamations from various Federal Reserve members regarding a rate liftoff.

In case we didn’t have enough of the truth-or-consequences scenario that has been catapulted into markets since the Federal Reserve decided yesterday to stand pat on rates, we now have the right wing in the U.S. Congress again troubling its own house.

The statement issued by the Federal Open Market Committee touched upon a small handful of reasons it voted to hold rates steady. We highlight some of them below in bold.