June 2018 Update image
Monthly Recap It was another busy month with continued talks of trade wars. To recap, below are bullet points of the important and noteworthy events that occurred in June. The trade war with China picked up with the US and China going back and forth on tariffs. This uncertainty was a contributing factor for the market selloff that happened during the last 2 weeks of the month. Read more here Central bank officials voted unanimously to raise their benchmark federal-funds rate by a quarter-percentage point to a range between 1.75% and 2%. It is their second rate rise this year, and they penciled in a total of four increases for 2018, up from a projection of three at their March ...
Continue Reading