US Federal Reserve’s (Fed)

07 May 2019

US equity market leads rest of world higher

By Janice Roberts

By Dave Mohr & Izak Odendaal, Old Mutual Multi-Managers.  The US equity market has led the rest of the world higher this year. The benchmark S&P 500 is up 18% in 2019, and 25% since the market bottomed on Christmas Eve last year. It slumped by 19% in the preceding eight weeks. Markets trend up...

16 Mar 2017

US Fed announces 0.25% rate hike

By Janice Roberts

By Tumisho Grater, economic strategist, Novare Actuaries & Consultants   As expected, the U.S. Federal Reserve raised its target rate by 0.25% to a range of 0.75% to 1%. The Fed stated that “the labour market has continued to strengthen and that economic activity has continued to expand at a moderate pace.” The Fed noted...

01 Jul 2015

US Fed: data-dependant or data-sceptical?

By Janice Roberts

Hike only in December? Despite strong US economic data since they last met, the US Federal Reserve’s (Fed) Open Market Committee (FOMC) struck a rather cautious tone in its media conference this week.  As a result, market expectations are now pointing to the first hike only in December.