Office Of Financial Research Update: Financial Markets Monitor For November And December

The OFR released today its Financial Markets Monitor for November and December. The monitor says says the Federal Reserve’s “liftoff” — its first increase in interest rates since setting them near zero during the financial crisis — is now broadly expected to occur at the December 15-16 monetary policy meeting. The shift in market expectations was fueled by very strong U.S. employment data and communications from Federal Reserve officials.

The monitor is posted on the OFR website at:

http://financialresearch.gov/financial-markets-monitor

The OFR home page is at http://financialresearch.gov