See Also: Three steps and a stumble rule(money)
Three steps and a stumble rule(finance)
stumble(dictionary)
stumble(dictionary)
Spanish Steps(dictionary)
Kronig's steps(medicine)
Steps - Basketball(gambling)
Stone Steps Beach(tourism)
One Thousand Steps Beach(tourism)
Steps Up - Horse Racing(gambling)

Three steps and a stumble rule (money)


Definition: [crh] A rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve. This is a result of increased costs of borrowing for companies andDefinition: the increased attractiveness of money market funds and CDs over stocks and bonds as a Definition: result of the higher interest rates.