Bryn Mawr Trust Wealth Management’s market summary this week reviews several noteworthy economic news items from last week, including a weak inflation report; the Fed’s assessment of the U.S. economy at the recent FOMC meeting, along with its increase in the federal funds target range by 25 basis points (0.25%) and its road map for balance sheet reduction; the recent performance of the Information Technology sector compared to the overall S&P 500; and the recent performance of fixed income markets.
Click here to read the summary.