For the first time in the current cycle, markets are anticipating that the Federal Reserve’s next action will involve an increase in interest rates. In the wake of unexpectedly elevated inflation figures, participants in the fed funds futures market are anticipating a rate hike as early as December, with significantly greater confidence extending into the Read More
Economic Outlook
In April, consumer confidence fell to an unprecedented low, driven by escalating concerns regarding rising energy prices and the wider implications of the Iran war, as reported. The university’s headline index of consumer sentiment fell to 47.6, a decline of 10.7% from the March survey, marking its lowest point on record. Both the current conditions Read More

