Month: December 2018
Financial News for the Week of December 21, 2018
HIGHLIGHTS OF THE WEEK As widely expected, the Fed hiked rates once more this year. At the same time, the Fed’s dot plot moved lower over the forecast horizon. These changes are consistent with a softer inflation and economic outlook. Data came in…
Financial News for the Week of December 14, 2018
HIGHLIGHTS OF THE WEEK After some optimism early in the week, financial market sentiment soured as focus shifted back to fears of an escalation in trade tensions, Brexit uncertainty, and a potential economic downturn in 2019. The U.S. consumer…
Financial News for the Week of December, 2018
HIGHLIGHTS OF THE WEEK Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running…