12/19/2022
Last week, markets digested three key pieces of data – a CPI inflation reading that came in better than expected, Fed commentary that indicate their job is not done yet, and U.S. retail sales showing a consumer under pressure. Overall, while the Fed (and global central banks) remain vigilant for now, as inflation moderates and the economy softens in the months ahead, the need for peak restrictive policy may wane. We discuss five key takeaways from a busy market week in our Weekly Wrap below.
A summary of last week's market highlights and economic news.