At the Federal Open Market Committee (FOMC) meeting in September 2024, the Federal Reserve (the Fed) cut interest rates by 50 basis points in the United States, marking the first time in four years that they’ve eased monetary policy. The decision was largely influenced by the positive progress toward the Fed’s goals of maximizing employment and maintaining price stability. The interest rate reduction brings new target range for interest rates to 4.75% to 5.0%. Download PDF
2025 Begins with a Bang: Trump’s First Moves Shake Global Markets
On the 20th of January Donald Trump took office at the White House and officially assumed the role of US president. Upon his inauguration, Trump wasted little time and signed 36 executive orders in his first week. The primary themes surrounding the orders included trade tariffs, with Mexico, Canada and China being the primary targets; energy production and the environment, where Trump has allowed for greater exploration and usage of oil and gas reserves; border immigration, most notably by declaring a National Emergency at the Southern Border of the US and Mexico on his first day in office.