Daily Archives: Sep 16, 2020 at 06:19 pm EDT

The ETF Portfolio Strategist: 16 September 2020

Lower For Longer: If it wasn’t already clear, the Federal Reserve has no plans to raise interest rates any time soon. Noting that inflation continues to run “persistently below” its 2% target and the labor market remains well below its “maximum” mandate for full employment, the central bank announced that it “expects to maintain an accommodative stance of monetary policy until these outcomes are achieved.”

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Macro Briefing: 16 September 2020

Hurricane Sally remains a threat to US Gulf Coast states: CNN
Israel signs pact with two Gulf Arab states at White House: AP
US retail sales growth expected to slow in today’s August report: WSJ
Fed economic forecasts expected to edge up in today’s policy meeting: Reuters
OECD projects global GDP on track for “unprecedented” decline in 2020: CNBC
UK inflation falls to a five-year low: CNN
US import-price inflation increased more than expected in August: CNBC
NY Fed Mfg Index: growth picks up in September in bank’s region: MW
US industrial output growth continued to slow in August: Reuters