Time to say goodbye to the Federal Funds rate?

The Fed minutes from Wednesday’s meeting reinforce the possibility of a rate hike in December, however it also shows talk of a change that could be on the way. Federal Open Market Committee members talked in November about the possibility of doing away with the federal-funds rate. Here’s what they suggest could replace it. http://www.housingwire.com/articles/38605-time-to-say-goodbye-to-the-federal-funds-rate ❤️ #share #mortgage

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