The Fed and market turmoil – the Fed turns a bit dovish but not enough (yet)

The Fed and market turmoil – the Fed turns a bit dovish but not enough (yet) Key points  The Fed has raised interest rates for the ninth time since first raising rates this cycle three years ago, taking the Fed Funds rate from a range of 2-2.25% to 2.25-2.5% reflecting ongoing confidence in US growth.  However, with US interest rates approaching the “neutral” zone, some interest sensitive sectors slowing, with various headwinds to growth, and …

An update on the US rate rise

An update on the US rate rise   Although we’ve seen declines on Wall Street this week, there’s still strong growth in the US market. The most recent rate hike in the US may have investors concerned that the Fed could threaten markets with even more aggressive hikes. But I don’t think that is likely; I expect the Fed will continue raising interest rates at a gradual pace. The latest 25 basis point rise takes …