Ben Mohr, CFA
Senior Research Analyst, Fixed Income
On Wednesday, December 19, the Federal Reserve executed its fourth rate hike of 2018. This 25-basis point hike, the ninth post-2008, takes the fed funds rate target range to 2.25%–2.50%. The market expected this hike and was focused on whether Fed Chair Powell, by going forth with the hike, might be showing his defiance against Trump’s urge not to hike.
The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.
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