However, as SMART is no longer effective, banks are facing challenges in determining the premium for forward deals. For these reasons, new instructions have now been issued to the banks,” said a centr ...
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
The Fed is expected to keep the Federal Funds rate unchanged in January. Read why I think the Fed's action could end the relief rally in the stock market.