Market Bulletin Fed December 2018
The results of the US midterm elections were largely in line with expectations, with one important wrinkle.
The Bank of England (BoE) held its base rate of interest unchanged at 0.5% at its meeting today.
Over the past week financial markets have reacted negatively to the President’s announcement of tariffs on steel and aluminum, mainly due to fears of a trade war that could reduce global trade.
The investment implications of tax reform
Fed reactions following the December FOMC meeting
The path of the U.S. dollar: Looking forward by looking back
Mostly stable, mostly moderate
After a long and brutal U.S. Presidential election campaign, Donald Trump has emerged victorious, with Hillary Clinton conceding in the early hours of the morning, and Trump congratulating her on a hard-fought campaign.
This bulletin, written by Dr. David Kelly, addresses the impact that deflationary fears have had on the Fed's decision to postpone rate hikes.