<p>According to data from the Federal Reserve Bank of New York, on the last trading day (December 18, the day of the Federal Reserve's interest rate cut), the Secured Overnight Financing Rate (SOFR) was reported at 4.57%, down from 4.62% the previous day. The effective federal funds rate on the last trading day was reported at 4.58%, unchanged from the previous day</p>

<p>According to data from the Federal Reserve Bank of New York, on the last trading day (December 18, the Federal Reserve's rate cut day), the Secured Overnight Financing Rate (SOFR) was reported at 4.57%, down from 4.62% the previous day. The effective federal funds rate on the last trading day was reported at 4.58%, unchanged from the previous day</p>

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