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Fed Note: June 18, 2025
At the June meeting, the U.S. Federal Reserve Open Market Committee voted to keep the Fed funds rate unchanged at the range of 4.25-4.50%, for the fourth straight time. There were no dissents.

Investment Committee
4 days ago


Monday Market Review: June 16, 2025
Economic data included consumer and producer price inflation coming in a bit cooler than expected, although both remain above long-term trend. Consumer confidence also improved, in keeping with paused tariff policies. However, continuing jobless claims kept rising, which could be due to some seasonal effects and/or labor markets softening further.

Investment Committee
5 days ago


Monday Market Review: June 9, 2025
Economic data included stronger job openings, while the ISM manufacturing and services PMI indexes weakened. The employment situation report showed in showing growth, but prior revisions downward, so generally neutral.

Investment Committee
Jun 9


Monday Market Review: June 2, 2025
On a holiday-shortened week, economic data included a slight upgrade to Q1 U.S. GDP growth, and improvement in personal income, spending, and consumer sentiment, while durable orders fell back.

Investment Committee
Jun 2


Monday Market Review: May 27, 2025
Economic data included gains in both manufacturing and services PMI measures, as well as in new home sales, while existing home sales fell back.

Investment Committee
May 27


Monday Market Review: May 12, 2025
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Equities suffered their worst week since the pandemic, reacting negatively to the U.S. administration’s tariff news.

Investment Committee
May 12
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