Cumberland Advisors Market Commentary – The December FOMC
Sign up for our Market CommentaryAuthor: Robert Eisenbeis, Ph.D., Post Date: December 18, 2020

Prior to the Fed’s December FOMC meeting there was a general consensus among economists (see the December NABE forecast, for example) that the Committee would not change its federal funds rate target. But the media was filled with speculation that the FOMC would possibly increase its asset purchase program or begin to purchase longer-maturity Treasuries. […]