December 4, 2019— Six months ago, we noted tentative signs of improvement in the housing market. Since then, the recovery has become more sure-footed as the impact of lower interest rates, which peaked in late 2018, has begun to filter through to the housing market.
November 21, 2019: Watch Senior Investment Strategist Meghan Shue on CNBC’s “Halftime Report,” as she gives her perspective about the China trade deal and other key economic and market matters.Take me there Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A.
October 31, 2019— The Federal Open Market Committee (FOMC) cut the fed funds rate by 25 basis points, or bps, (0.25%) at its October meeting as expected, to a target range of 1.50%–1.75%. Similar to cycles in 1995 and 1998, when Federal Reserve rate reductions were seen as “insurance cuts” to ward off potential downturn, it has now cut rates three times, by a total of 75bps, leaving markets to wonder whether this “mid-cycle adjustment” has come to an end (Figure 1).