December 7, 2018 – The continued volatility in equity markets along with several other market signals have whipsawed the expectations for another Fed rate hike at their final meeting of the year on December 19. The probability of that hike as measured by fixed income traders in the Fed Funds Futures market has in recent
September 28, 2018— As was fully expected and fully priced in, the Federal Reserve hiked interest rates again on September 26, and signaled that it expects to keep doing so over the next couple of years. The federal funds rate range increase of 25 basis points, or bps (0.25%), brought its target up to 2.00%–2.25%.
July 13, 2018— On July 10, the Trump administration announced a new round of potential tariffs on $200 billion worth of goods imported from China—on the heels of the first round of tariffs which went into effect on July 6. As my colleague, Senior Investment Strategist Meghan Shue, wrote last month in ”U.S.-China Trade Tensions