Here's What the Fed Will Be Watching to See If Liftoff Worked

  • These gauges will reveal Fed's success or failure to launch
  • Get used to saying `overnight reverse repurchase agreement'

All Eyes on Yellen as Markets Await Rate Decision

On the eve of liftoff, the Federal Reserve must be feeling pretty good about the ability of its new tools to raise interest rates: Key money market rates are already floating obediently upward in anticipation of the U.S. central bank’s first hike in nearly a decade.

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