All Eyes Are on Kevin Warsh: 1 Reason the Federal Reserve’s Actions Don’t Matter to Long-Term Investors.
As of this writing on the afternoon of July 28, the Federal Reserve is in the middle of its policy meeting. According to trading activity used by the CME Group‘s FedWatch tool, there is a 68.5% probability that the fed funds rate will stay unchanged. It’s currently within 3.5% and 3.75%. The central bank, and…