Daily Three: The Federal Reserve Stands Still, Industrial Production Continues Fall and California’s Economy Measured on a Global Scale
- The Federal Reserve Open Market Committee left the Fed Funds Rate unchanged, as the market expected, further bringing to question when normalization will be realized. The Wall Street Journal
- A decline in May’s industrial production aftera rise in April adds to the economic uncertainty recently observed. CNBC
- California has surpassed France in the most recent GDP data for 2015 becoming the world’s 6th largest economy. Business Insider