Lower Rates for Longer?
Heading into the June FOMC meeting, investors were primarily focused on whether or not the Fed would hike rates again. Following the dismal May jobs report, the likelihood of a June hike declined significantly and the central bank did, in fact, remain on hold. The question then became: Would the Fed hike in July or possibly September? Things can change quickly in global financial markets and this past week investors have seen a great example of just how quickly things can head south. The aftermath... Continue Reading
Category | Market Update