As Brexit Vote Nears, Fed Adopts the Market’s Risk Off Posture
June 23, 2016
While the Fed’s dual mandate of maximizing employment and stabilizing prices were still key factors in its recent decision to not increase interest rates in June, the third reason that they cited was concern over the Brexit vote.
As the UK heads to the polls today, Chief Investment Officer, Debbie Silversmith, shares her thoughts on the Fed’s recent decision and the impact of the Brexit vote in an article with The Street.
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