The annual inflation rate in the US has hit a 40 year high of 7.9% through February 2022. Do we expect inflation to stay at this level long term? It comes down to the components that make up the current inflation rate.
The first quarter of 2022 is in the books. Based on the talk, news, social media, what you heard…etc….(without looking) how do you think US stocks did in the first quarter 2022?
It’s just one example of how the global economy is being disrupted by Russia’s invasion of Ukraine. Russia provides about 20% of the world’s nickel supply.
Last week, the Federal Open Market Committee (FOMC) delivered on a very well communicated 25 bps hike, raising its federal funds target range to 0.25%-0.50%.