Last week, the Fed cut the federal funds target range by a quarter-point. And while you could say the Fed is back in data-dependent mode, it appears as if U.S. monetary policy is still leaning toward another rate cut this year. Kevin Flanagan discusses.
One overarching question that many investors ask is, Why is the Fed so intent on cutting rates? If judging solely on low unemployment and an impressive June jobs report, many wouldn’t think we should be having a rate-cut discussion. Kevin Flanagan explains why a July rate cut is still likely.
It’s a celebratory summer at WisdomTree Canada. On July 12, we hit the 3-year mark on most of our 15 ETFs. Jeff Weniger looks back at our top ETFs and how WisdomTree made its name in the Canadian ETF industry.
Jeff Weniger analyzes the key global central bank policies, concluding that the most hawkish central bank in the G7 is the Bank of Canada.
Although the money and bond markets appear to be “chomping at the bit” for a rate cut, expectations for such action at the recent FOMC meeting were low. Kevin Flanagan discusses the outcome of yesterday’s Federal Reserve meeting.