Macro Briefing: 27 September 2018

Federal Reserve raises interest rates for 3rd time in 2018: CNN
Trump criticizes Fed’s rate hike: CNBC
Fed estimates of US GDP growth for 2018 and 2019 tick higher: Fed
Fed chief sees more rate hikes ahead thanks to strong economy: Bloomberg
Kavanaugh hearing set for today amid doubts and new allegations: The Hill
Reports of higher spending plans by Italy’s gov’t weigh on euro: CNBC
Ford’s CEO says Trump’s China tariffs will cost company $1 billion: USA Today
MSCI considers raising weight for Chinese stocks in global benchmarks: Reuters
New US home sales up 12.7% in August vs. year-earlier level: MarketWatch