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But can the Fed actually raise rates? Five critical events to watch on Thurs and Fri

Announcing a rate hike and actually doing it isn't as simple as it sounds

We're not off the rollercoaster yet

The $2.6 trillion parked at the Fed is a technical mountain to climb. There are many dark and not-so-dark corners of the internet that have been predicting the Fed will have a difficult time hiking rates.

Here are the five events to watch in the days ahead that will show whether or not they were right:

  1. 6:45 am ET on Thursday - The Libor fix
  2. 8 am ET - Repo rates will begin to update
  3. 9:30 am ET - Rates on commercial paper trade
  4. 1:15 pm ET - The NY Fed announces the results of its first overnight reverse repo
  5. 8 am ET on Friday - The first post-hike Fed funds effective rate is announced

More on those rates is here.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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