<p>According to data from the Federal Reserve Bank of New York, on the last trading day (December 2nd, the day Trump introduced Hassett as a &#34;potential Federal Reserve Chairman&#34;), the secured overnight financing rate (SOFR) was reported at 4.01%, down from 4.12% the previous day. The effective federal funds rate on the last trading day was reported at 3.89%, unchanged from the previous day</p>

<p>According to data from the Federal Reserve Bank of New York, the secured overnight financing rate (SOFR) on December 2 was 4.01%, down from 4.12% the previous day. The effective federal funds rate reported 3.89% for two consecutive days</p>

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