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home / news releases / AWTM - Fed Watch: No Lump Of Coal This Year


AWTM - Fed Watch: No Lump Of Coal This Year

By Kevin Flanagan

After three consecutive rate cuts, the Federal Reserve (Fed) decided to stay on the sidelines at their final gathering for 2019. While this result was widely expected, it also represented a stark turnaround from the December 2018 FOMC meeting, when the policymakers made Santa's naughty list and hiked the Fed Funds target for what amounted to the final time in that rate-hike cycle. Given this most recent outcome, it's safe to say investors will not be getting a lump of coal in their stocking this time around.

Where does that leave us

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Stock Information

Company Name: Aware Ultra-Short Duration Enhanced Income
Stock Symbol: AWTM
Market: NYSE

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