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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:
Market News
Weak US jobs data likely seals September rate cut
There is not much new to say that we haven’t said in these pages over the last several months. Our long-held view that the labor market was softening was the basis for our similarly long-held call...
The wait may be over soon
The long wait for the resumption of Fed rate cuts may be soon over. Almost irrespective of the next payrolls report, there is enough softness in broader labor market data to warrant a modest...
Welcome Jackson Hole developments
The Fed Chair’s speech at the Jackson Hole symposium is always acutely relevant for investors, and it proved so once again this year. There were always going to be two key parts to this: the...
US inflation mixed, labor data worsens
Mixed inflation data, more troubling labor data There was some relief around the August inflation data, with CPI inflation coming in largely as expected and PPI inflation surprising to the downside (a welcome development). Headline CPI inflation rose two tenths to...
Weak US jobs data likely seals September rate cut
There is not much new to say that we haven’t said in these pages over the last several months. Our long-held view that the labor market was softening was the basis for our similarly long-held call for three Fed rate cuts this year. Prior to the big downward revision...
