The Fed’s special meeting today

The Federal Reserve announced Friday that it will hold a meeting “under expedited procedures” at 11:30 a.m. Monday for a “review and determination … of the advance and discount rates to be charged by the Federal Reserve Banks.”

The Fed is scheduled to meet mid-month to consider a rate hike, but some on Wall St. point to this as a possibility to go now, before something extraordinary happens such as another attack like Paris or an escalation in Syria.

We’ll have to wait and see, if there is any announcement from the Fed this afternoon.

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