The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.
Why not? It’s not yours. Most people assume that, if they have money on deposit in a bank, they own that money. That’s not necessarily the case.