News
According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) on the last trading day (January 16) was reported at 4.33%, the same as the previous day. On the last trading day, Federal Reserve Governor Christopher Waller envisioned that the FOMC might cut interest rates four times this year. The capital flow situation of SOFR options indicates that investors are taking profits on the hawkish risks from the Federal Reserve. The effective federal funds rate on the last trading day was reported at 4.29%, up from 4.28% the previous day