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The Weekly Bottom Line: Inflation Data Brings A Healthy Dose of Optimism

Sentiment across global financial markets firmed this week following a lower-than-expected reading on U.S. inflation. Recession fears have been top of mind for investors over the past year amidst the Federal Reserveโ€™s most aggressive tightening cycle in several decades. But signs of cooling inflation provided a dose of optimism that policymakers might achieve a goldilocks scenario of returning price stability without tipping the economy into recession. At the time of writing, the S&P 500 i...
Federal Reserve Macklem Co Consumer Price Index Producing Purchase Index Inflation Data Brings Healthy Dose

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