I hope you had a good weekend!
The US Federal Reserve spoke about the economy this week. They provided some reassurance to the markets in general.
In our view, some investors have been concerned about international trade disputes as being a bit of a headwind, or that they will make growth.
However, the Fed seemingly is coming in as a bit of a safety net. They kept interest rates unchanged which many investors could view as pretty stimulative or pro-growth.
The Fed said that the expansion should continue through 2019 and that the job market remains pretty strong at the moment.
See you next week!
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Content regarding the US Federal Reserve’s actions and statements was in reference to the official transcripts of the Federal Open Market Committee’s March 20, 2019 formal written press release as well as the opening remarks of Chair Powell’s press conference on the same date. The US Federal Reserve providing reassurance to the markets in general was a statement of opinion. Interest rates remaining unchanged being viewed by investors as stimulative or pro-growth was also a statement of opinion.