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Market Brief: Inflation Higher than Expected

Picture of Scott Colbert Scott Colbert : February 20, 2024

Economy Federal Reserve
Market Brief: Inflation Higher than Expected

Equity markets briefly retreated following January’s higher-than-expected Consumer Price Index reading. In a new Commerce Trust Market Brief video, Commerce Trust’s Chief Economist and Director of Fixed Income Management Scott Colbert explains how economic output, lingering inflation and the likelihood the Federal Reserve now takes any action on interest rates before June are influencing market performance.  

 

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