Armour Residential Preferred C: On The Path To Par
ARMOUR Residential REIT(ARR) Seeking Alpha·2024-10-13 14:57
DNY59 The release of the minutes from the Federal Open Market Committee’s September meeting only intensified the debate on the path and pace of interest rates. This news followed the Bureau of Labor Statistics’ October 4th report of a larger than expected 254,000 jobs increase in September. The effect in the futures market was to evaporate the anticipation that the Fed would repeat with another 50-basis point rate cut at its November 7th meeting. CME Group Source: CME Group Fed Watch Consensus still h ...