Fed Minutes Show a Consensus for Taking a Break... Minutes from the central bank’s last meeting show the members are split on lowering rates but agree on stepping back for a while. What it means – ...
Week In Review – September 24 2019
The Federal Reserve Cut Interest Rates 0.25%... The Fed Funds rate now stands at 1.75% to 2.00%. What it means – The vote was 7 to 3, which isn’t great. Two of the dissenters wanted to hold rates ...
Week In Review – August 19 2019
Recession Fears Drive Equities Lower... The inverted yield curve and heightened trade war rhetoric raised investor fears of a recession, leading to losses on Wall Street. What it means – There ...
Week In Review – June 24 2019
Federal Reserve Holds Rates Steady, Indicates Rate Cut This Year… The Federal Reserve changed its description of the U.S. economy and gave an updated estimate of rates, implying two rate cuts by next ...
Week In Review – May 21 2019
Trump Tariffs Tag the Market… Again... In a repeat of a headline from last week, Trump’s tariffs – and Beijing’s retaliatory tariffs – sank the market by more than 600 points on Monday. What it ...