Market Week: June 27, 2022
As investors mull the increasing odds of a U.S. recession, data out last week confirmed a recent weakening in the economy.
Fed’s Aggressive Path Could Mean More Market Turmoil
With a 75-basis-point (bps) rate hike, the biggest single move in nearly three decades, the U.S.
Market Week: June 20, 2022
On the heels of a 40-year high inflation print and decade high University of Michigan inflation expectations, the Fed voted to raise rates by 75bps at its June meeting.
Market Week: June 13, 2022
Last Friday, the May CPI report showed that inflation, as measured by the Consumer Price Index (CPI), increased 8.6% y/y.
Employers Are Raising Wages Given Tight Market
The latest consumer price index (CPI) report released Wednesday, May 11, has confirmed that the U.S. Federal Reserve has a long way yet to go in its fight against inflation.