Following the recent Federal Open Market Committee (FOMC) meeting, it was observed that Jerome Powell, along with 14 out of the 16 board members, maintained their position on implementing two additional interest rate hikes within the remaining months of this year, specifically in July and September.
Considering the persistent levels of the core Personal Consumption Expenditures (PCE) index ranging between 4-5, Powell and his committee remain committed to their ongoing initiatives.
It is my opinion that high-risk financial instruments continue to exhibit significant vulnerabilities and are far from displaying satisfactory performance.
Considering the persistent levels of the core Personal Consumption Expenditures (PCE) index ranging between 4-5, Powell and his committee remain committed to their ongoing initiatives.
It is my opinion that high-risk financial instruments continue to exhibit significant vulnerabilities and are far from displaying satisfactory performance.