Morning Scan: Rate Hike Fallout, Continued; GSE Revival Hopes Squash...

Receiving Wide Coverage…

Fed Fallout Continues: The results of the Federal Reserve's decision to raise interest rates continue to become clear. On Thursday, the initial results of the Fed's rate experiment came in – and so far, it's a success. The federal funds rate moved to 0.35% in early morning trading, well within the range of 0.25% to 0.5% that the central bank had announced. The rate demonstrated what the Wall Street Journal termed an "orderly"...