The Federal Reserve Bank of the US held the fed funds rate steady at Wednesday’s meeting. The fed funds rate remain at 3.5-3.75%. This was the expectation in the market and as a result, the reaction to the news was relatively muted. Chairman Powell’s commentary focused on two distinct but closely intertwined topics (1) the […]

I’ve been writing about the US Federal Reserve (America’s Central Bank) quite a bit as of late. This week, the institution responsible for monetary policy in this country, found itself in the headlines for two major storylines. Powell’s Jackson Hole Speech On Friday August 22nd, Fed Chairman Powell gave a speech at an annual symposium […]