SMLL - 'Wacky' Volatile: Why You Shouldn't Read Too Much Into Weekly U.S. Jobless Claims
On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Julie Zhang, director, North America sales enablement, discussed highlights from the recent U.S. Federal Reserve (the Fed) meeting, China-U.S. trade relations and weekly initial U.S. jobless claims.
New bar to raise rates: 2% inflation, Fed says
Following the conclusion of its two-day policy meeting, the Fed enhanced the forward guidance on interest rates it provided at August's economic policy symposium, Ristuben said. "The central bank announced that rates will stay near zero until full employment is achieved and inflation has