Trade Wars, Rate Hikes, and a Whole Lot of Maybes
By Lance Gaitan Last week, Federal Reserve Chair Jerome Powell dropped a couple of surprises on Fed watchers. What didn’t come as a shock was the quarter-point hike to the overnight federal funds rate. Markets were fully prepared for that move. But they were caught unawares when the Fed highlighted the potential for an additionalhike this year. That would bring the total … Read more