Dr. Skancke works in Keel Point’s Washington D.C. office. He has over 40 years of experience and has formerly served on the U.S. Treasury’s economic policy team and the White House National Security Council.
Market Recap – September 25, 2023
The Fed last week left its Fed funds interest rate unchanged at 5.25% to 5.50%, but signaled that interest rates are going to be “higher for longer.” Markets responded with the 10-year U.S. Treasury rising to 4.45% -- its highest since 2007 -- and the S&P 500...