Podcast: The Fed will not raise rates – why we aren’t surprised


Announced today in the June FOMC meeting, the Federal Reserve will not raise interest rates for the time being. Here at Fort Pitt, we are not surprised by this news – with negative jobs numbers and bigger financial issues worldwide, the Fed has its hands tied at this point. Click on the podcast below to hear more about why investors may feel “Fed fatigued,” and what other significant factors are driving the market right now.