The Fed Decides: Rates Remain Low As We Watch China
Stock Declines May Be Almost Over, But Fed Communication is Not Helping!! t’s been a difficult summer for stocks - falling 8% from their May highs and supporting the old market adage, “Sell in May and Go Away!.” This August in particular has been extremely volatile to the downside. In response, the Federal Reserve decided last Thursday to do no harm and keep short-term interest rates low in light of concerns over China’s economy and those of other countries as well. This deci