Market Minutes Recap – Inflation Jumps 9.1% as Yield Curve Inversion Deepens– Is a 100 bps Rate Hike Imminent?
Inflation continues to surprise investors as the release of a hotter-than-expected consumer price index (CPI) reading puts more pressure on a Fed that is behind the curve. Will the inflation data open the door to a 100 bps Fed rate hike? Listen in to the latest Key Wealth Matters Podcast as our team joins Chief Investment Officer George Mateyo to explain what investors need to know about the implications of the latest data for the Fed, the economy, corporate earnings and the economic outlook.
Speakers:
George Mateyo, Chief Investment Officer, KeyBank Investment Center
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
George Mateyo, Chief Investment Officer, KeyBank Investment Center
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
- 01:04 – Review of key economic data
- 02:07 – What the latest inflation numbers mean for potential Fed rate hikes
- 05:43 – The impact of inflation on the economy and the economic outlook
- 08:46 – Corporate earnings season and stock market observations
- 14:03 – Energy, commodity market and credit spreads commentary
Additional Resources:
Key Questions: Are We in a Recession?
Key Questions: Are We in a Recession?