Our Chief Investment Officer, Megan Horneman, breaks down the implications of the recent Federal Reserve symposium in Jackson Hole, Wyoming. Megan dissects the Fed's cautious stance on raising rates, their unyielding commitment to the 2% inflation target, and the market's positive response to these comments. Gain insights on the potential scenarios for future rate hikes and the effect of the recent rise in energy prices on inflation.

She unpacks the challenging fundamentals of the US and global economies which could lead to increased market volatility. We discuss the significance of the consumer sentiment survey from the University of Michigan and its indications of rising inflation expectations among consumers. Find out how these consumer expectations could drive inflation and learn about the possibility of the Fed maintaining the status quo at the next meeting in September. To top it all off, Megan shares her predictions on when we might see another rate hike. Don't miss out, tune in to this episode of Markets with Megan! 

https://youtu.be/jx8ARGM4C38

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