Danger Zone?
Markets are pulling back on some inflation worries and poorer economic metrics.
Markets are pulling back on some inflation worries and poorer economic metrics.
The worries over inflation and a delay in Federal Reserve rate cuts reignited this week, as equity markets flirt with the first negative week in the last five weeks.
Inflation was all the talk this week and so far, the markets seem to have embraced the news well.
Chairman Powell channeled his inner dove this week and gave markets a boost.
Has the Fed miscalculated the resilience of the consumer, or have they just not paid attention to inflation?
The Fed decided to pull the proverbial rug out from under investors this week and the market is trying to adjust to the possibility of one or no rate cuts this year.