Certain There’s More Uncertainty The Federal Open Market Committee (FOMC) did not change its benchmark interest rate Wednesday — no news there. And if you were hoping for any definitive statement on whether the Iran war changes the expectations for the year, sorry, all we got was a simple statement that it raises uncertainty. The…Read more
At a Glance As shockwaves from the war with Iran upend global energy markets, the focus will be on inflation here in the U.S. Crude oil prices have spiked since fighting broke out at the end of February, and consumers are already seeing higher prices at the gas pump. Over time, higher energy costs can…Read more
With the next Federal Reserve meeting front and center, investors should buckle up for what promises to be the most dramatic week left in the year. While another interest rate cut is nearly fully priced into markets, it’s not likely to be a unanimous choice. Fed officials have been openly divided since the last Fed…Read more
