On Wednesday, the Federal Open Market Committee announced the target federal funds rate would increase by 25 basis points. This move surprised exactly no one, a move widely predicted, so why did markets react with volatility? http://www.housingwire.com/blogs/1-rewired/post/38765-this-is-why-markets-went-nuts-on-feds-rate-hike ❤️ #share #mortgage
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