An Update on the Economy and Monetary Policy

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An Update on the Economy and Monetary Policy

At its meeting last month, the FOMC decided to maintain the target range of the fed funds rate at 5 to 5-1/4 percent to allow the Committee time to assess incoming economic information and the cumulative effects of the tightening done so far.
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Discretionary spending lower compared to last year

Household spending on discretionary goods and services was 0.6 per cent lower compared to May last year, according to figures released today by the Australian Bureau of Statistics (ABS). Robert Ewing, ABS head of business indicators, said: “Driving the …
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Oakmark International Small Cap Fund: Second Calendar Quarter 2023

Expense ratios are from the Fund’s most recent prospectus dated January 28, 2023; actual expenses may vary. Past performance is no guarantee of future results. The performance data quoted represents past performance. Current performance …
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