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Post Federal Reserve Meeting Q&A
As part of our initiative to bring timely market information to California public agencies, CalTRUST Chief Executive Officer Laura Labanieh had a brief Q&A with State Street Global Advisors’ Vice President, Portfolio Strategist Will Goldthwait to reflect on this week’s Federal Reserve meeting:
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US Personal Savings Rate Dips Again
A rebound in expectations lifted the Conference Board consumer confidence index more than expected in August, but the details were fairly downbeat. The index gained 1.4 points to a six-month high of 103.3 as expectations rose to the highest in a year. However, the...
Chair Powell Cements September Fed Cut
It was an unusually light data week in the US, dominated by Chair Powell’s speech at the Jackson Hole symposium. It was a speech we could have written ourselves. Arguably, we have…not the words themselves, of course, but definitely the sentiments and views expressed...
