As expected, the Federal Reserve decided to keep rates unchanged. In their statement today, the Federal Reserve said, "economic activity has been rising at a strong rate". This is very different than last month's "solid" statement. Chances of at least one more rate hike before the end of the year is almost a certainty.



Tariff talks were in the headlines again today but the knee-jerk reaction investors took in the past, was non-existant. Traders are learning to shrug off the rhetoric President Trump has become notorious for. Instead, they've learned that it is just talk, or a negotiating tactic, until more concrete actions actually take place. Most economists do believe that the free trade the Trump administration is shooting for is much better off for everyone, especially the United States. The road to that goal may be a bit bumpy but well worth the journey.