In a tough time for equities, it elects not to roil the markets. Recently the Federal Reserve postponed raising short-term interest rates. Citing “global economic and financial developments” that could “somewhat” impair economic progress and lessen inflation pressure, the Federal Open Market Committee voted 9-1 against a rate hike, with Richmond Fed President Jeffrey Lacker […]
The Fed Decides to Wait Read More
A BIT MORE OPTIMISM AS SEPTEMBER ENDS The University of Michigan’s consumer sentiment index advanced slightly in the past couple of weeks, rising to a final September mark of 87.2 from its initial reading of 85.7. Regardless, this was the index’s poorest final monthly reading since October 2014. It did surpass the expectations of analysts
Growth Report for Monday, September 28, 2015 Read More
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