Market Minutes Recap – Why Markets Are Fed Up With the Fed

Frustrations arise with an increasingly hawkish Federal Reserve as the June 15 Federal Open Market Committee (FOMC) delivered an “unusually large” 75 basis point rate hike and the latest economic data release demonstrates an increased likelihood of a recession. Listen in as the KeyBank Investment Center team unpacks the implications and risks to expect moving forward.
Speakers:
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Cynthia Honcharenko, Senior Portfolio Manager – Taxable Fixed Income, KeyBank Investment Center
George Mateyo, Chief Investment Officer, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
  • 01:48 – Review of key economic data 
  • 04:43 – Federal Open Market Committee meeting recap and implications
  • 11:09 – Impact of inflation on corporate earnings
  • 14:42 – Market volatility and risk of recession 
 
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