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The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2-percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling"
Percentage points away from where we need to be. >> yeah. there's certainly a lot of expectations for a good number baked into particularly the rally we've seen this week and the recurring theme we keep seeing in markets, christine, is the idea investors are of the belief the fed is going to wimp out and they're going to stop raising rates much sooner than the fed has said they're going to do so. you have the tug of war and markets go up on the belief, then the fed throws cold water on it and the fed goes back. we've seen it play out and it's one of those here we go again. >> i've heard it cal...
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
The US drive to curb inflation with aggressive rate hikes is having significant knock-on effects on world markets, which are also contending with a myriad of other problems. What will unfold in 2023?
What a difference 12 months can make, throw in a couple of rate hikes, bankruptcies and increased regulatory scrutiny and what do you get?