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DID THE FED CONTROL OF INTEREST RATES COLLAPSE FRIDAY???.

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DID THE FED CONTROL OF INTEREST RATES COLLAPSE FRIDAY???.

The Occasional Speculator
Mar 6, 2022
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The Fed via its Fed Funds rate normally controls short term interest rates for the US Dollar. But the main short term interest rate market- Eurodollar- is not controlled by the Fed, https://en.wikipedia.org/wiki/Eurodollar But on Friday March 4th the 30 Day Fed Funds March 22 contract went up from 99.790 to 99.795 while the main short term interest futu…

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