Market Recap: April 3, 2025
Chief Economist Jeanette Garretty and Chief Investment Officer Stuart Katz discuss the recent tariffs announcement and its impact on markets.
Markets reel as US tariffs stoke fear of ‘spiral of doom’ for growth
Chief Economist Jeanette Garretty was quoted in Reuters discussing the market reaction to the Trump Administration’s new tariffs. “People were talking earlier about whether clarity would boost the market,” said Garretty. Read Q1 2025 Economic Recap
By Jeanette Garretty, Chief Economist The Big Story: Consumer Confidence Craters The most unexpected and attention-grabbing development in the first quarter was the sharp decline in US consumer confidence in FOMC Interest Rate Announcement, Summary of Economic Projections (SEP) and Fed Chairman Powell Press Conference
By Jeanette Garretty, Chief Economist There were a few surprises in the Federal Open Market Committee Interest Rate decision this morning. The top line number – the Fed Funds target rate—was
Powell’s ‘Biggest Tell’ on Where Rates are Going
Jeanette Garretty says the Fed was “very confident” after they decided to pause rate cuts this week. She says Powell’s “biggest tell” is his repeated mention that Fed policy is FOMC Commentary – December 18, 2024
By Jeanette Garretty, Chief Economist Confirming recent expectations in financial markets, the Federal Open Market Committee (FOMC) announced a further 25bps cut in the Fed Funds rate while changing projections FOMC Commentary – November 7, 2024
By Jeanette Garretty, Chief Economist Today, the Federal Open Market Committee (FOMC) of the Federal Reserve announced a 25 bps Fed Funds rate cut, resetting the target Fed Funds rate
Recent Thoughts on the Fed Rate Cut
September 30, 2024 – Chief Investment Officer Stuart Katz and Chief Economist Jeanette Garretty discuss their thoughts on the most recent Fed rate cut. https://vimeo.com/1013625453/f6e0467a54 Disclosures Investment advisory services offered FOMC Commentary – September 18, 2024
By Jeanette Garretty, Chief Economist The Federal Open Market Committee (FOMC) announced a cut in the Federal Funds target rate by 50 bps to a target range of 4.75%-5.0%. At