Latest / Markets with Megan: A Quick Financial Markets Update
Analyzing Persistent Core Inflation Report | Episode 127 | 04-26-2024
Discover the economic ripples that follow when core inflation metrics stubbornly defy expectations. Megan Horneman, Chief Investment Officer at Verdence Capital Advisors, critically analyzes the latest persistently high core PCE inflation reading, revealing a challenging landscape for the Federal Reserve and the broader economy. With a 2.8% increase clashing with anticipated figures and personal spending outstripping income growth, Megan dissects the precarious balance between consumer behavior and the potential for future interest rate hikes.
With the savings rate slipping to a disquieting…
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