June 19, 2018—It’s not just the warm weather on the East Coast that is heating up these days. It is also the escalating friction between the U.S. and its trading partners, China in particular. The Trump administration has imposed a series of tariffs that are either in or will soon be in effect on a spectrum of
June 15, 2018—On Thursday, June 14, the European Central Bank (ECB) made the equivalent of a bar’s ‘last call’ before it stops serving alcohol. It announced at its policy meeting that the asset purchase program known as quantitative easing (QE) would be winding down in the fourth quarter of 2018 and ending by the end
June 14, 2018—The much-awaited June meeting of the Federal Open Market Committee, or FOMC, (which votes on monetary policy actions for the Federal Reserve, or Fed), saw the federal funds target rate raised just as markets expected, by 25 basis points (bps), to 1.75%–2.00%. A few elements of the committee’s statement and press conference are
