Mastering Encompass®

Is the Fed Holding Rates Steady? Market Update 6/17/24


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Hey everyone, it's Larry Bailey. This is for the Week of June 10, 2024, in Review:

The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s highlights: 

  • Fed Holds Rates Steady, Indicates One Cut in 2024
  • Consumer Inflation Takes Important Steps Lower
  • Friendly Wholesale Inflation Numbers
  • Initial Jobless Claims Hit 10-Month High
  • Latest on Small Business Optimism

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Mastering Encompass®By Larry Bailey