United States

March sees rate increase halt, Brexit debate and more

MONTHLY MARKET COMMENTARY  | 

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In March, U.S. equities advanced as Federal Reserve Chairman, Jerome Powell, affirmed the central bank’s decision to halt rate increases. Positive developments in U.S.-China trade relations and positive economic data continued to whet risk appetites.

The United Kingdom’s equity markets rose as the Bank of England voted unanimously to hold the policy rate at 0.75 percent. As it relates to Brexit, Prime Minister Theresa May pledged to resign from office in an attempt to salvage her deal to leave the European Union.

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Information in this document was prepared by DiMeo Schneider & Associates, L.L.C. and although information in this document has been obtained from sources believed to be reliable, RSM US Wealth Management LLC, DiMeo Schneider & Associates, L.L.C. and their respective affiliates do not guarantee its accuracy, completeness or reliability and are not responsible or liable for any direct, indirect or consequential losses from its use. Any such information may be incomplete or condensed and is subject to change without notice. The Frontier EngineerTM is a registered trademark of DiMeo Schneider & Associates, L.L.C.

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