30-day Federal Funds Futures: 94.55
Interest on Reserve Balances: 5.40%
Discount Window Rate: 5.50%
Effective Federal Funds Rate: 5.33%
EUR/USD: 1.0571
GBP/USD: 1.2202
We will circle back around later today after taking a look at Federal Reserve sentiment and any other political action that may impact the betting markets.
Banks broker the bets. Lawyers write the bets.
Alton Drew
18 October 2023
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Lawyers Write the Bets. Bankers Sell the Bets. 