Bryn Mawr Trust Wealth Management’s market summary this week discusses the markets’ reactions to the Federal Open Market Committee’s decision to raise the target range for the federal funds rate (it’s the second rate hike in 2018, and the seventh since the end of the Great Recession of 2008-09) and its unexpected signaling of two more potential rate hikes this year, rather than just one; reviews the recent performance of domestic and international financial markets; and announces the launch of Bryn Mawr Trust’s podcast series, which provides another way to share our expertise and offer commentary on timely financial, business, and monetary topics.
Click here to read the summary.