Daily Note | December 17, 2024 | Fed Meeting, Muni CEFs, MMD, ACP, RSF News.

Markets are a bit lower ahead of the Fed meeting which starts today although no market moving data will be out from it comes out tomorrow. Tomorrow we should hear the Fed discuss how inflation is down significantly from the highs but that there is still a way to go.

They are widely expected to cut rates by 25 bps (according to the Fed Funds futures marke…