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As of September, inflation leveled off to 3.7%, indicating a gradual consumer price slowdown. Although inflation is far lower than last year, it’s still proving difficult to tame. To learn more about the state of inflation in today’s market, check out the NBC News article below. Contact a 1900 Wealth advisor to learn about what this news means and how to put the best financial strategy in place for you and your family. #1900Wealth #WealthAdvisors #NBC https://lnkd.in/gERCbBZi

Have you felt the effects of inflation? All of us probably have, in one way or another. The Consumer Price Index, a way to gauge inflation, rose 3.5% in March, surpassing expectations and signaling an acceleration for inflation. Here's what it means: ▪️ This unexpected rise is largely due to increases in shelter and energy costs 🏠 ▪️ The Fed may delay interest rate cuts as a result ▪️ This impacts you as an investor by potentially affecting market trends and the timing of your investments ▪️ Stay informed and adjust your investing strategy accordingly Remember, knowledge is power when it comes to managing your finances. #InflationUpdate #InvestingInsights #Financial Source: https://lnkd.in/d2RvwuZZ

The narrative could shift to a potentially “higher for longer” interest rate hike campaign, given a divided Fed and rising bond yields. Markets will seek clarity this week out of Jackson Hole. Retail sales provided a bright spot in sentiment last week in an otherwise risk-averse market that saw higher bond yields and a higher U.S. dollar.    To read the entire newsletter click the photo or link below. https://lnkd.in/eBUMK3TS #stockmarket #PensionmarkMeridien #economy

Read the latest Gallagher Weekly Markets Update featuring some of the week's top market headlines: https://lnkd.in/gfPCwDaW ➡ Fed’s Preferred Gauge Signals Steady Inflation Pace ➡ Beige Book Indicates Modest Economic Growth ➡ Home Prices Reach All-Time High in March #EmployeeBenefits #FinancialMarkets #InstitutionalInvestmentConsulting

🚨 Fed Policymakers Remain Cautious on Inflation and Monetary Policy 🚨 In light of recent economic data, Federal Reserve officials are maintaining a cautious stance on inflation and monetary policy. Despite some signs of easing consumer price pressures in April, Fed leaders are not yet convinced that inflation is steadily moving towards the central bank's 2% target. 📌 Recent Economic Developments 🔹 Inflation Data: April showed a welcome slowdown in consumer price increases, but Fed officials warn that it is too early to determine if this trend will persist. 🔹 Retail Spending: There was no increase in retail spending in April, indicating a potential cooling in the economy. 📌 Fed Officials' Statements 🔺 Philip Jefferson, Vice Chair of the Federal Reserve: Speaking at the Mortgage Bankers Association conference in New York, Jefferson emphasized that while April's data is encouraging, it is premature to declare a long-lasting slowdown in inflation. He described the current monetary policy as restrictive and refrained from speculating on potential rate cuts this year, instead emphasizing the importance of closely monitoring incoming economic data. 🔺 Michael Barr, Vice Chair of Supervision: At an Atlanta Fed conference, Barr expressed disappointment with the first-quarter inflation readings and noted that they did not provide the confidence needed to support easing monetary policy. He reiterated the Fed's commitment to maintaining restrictive policy until there is clear evidence that inflation is returning to the 2% target. 🔺 Mary Daly, President of the San Francisco Fed: In an interview with Axios, Daly conveyed that while there is no immediate need to hike rates, she remains unconvinced that inflation is on a clear path to 2%, and thus sees no urgency to cut rates. 👉 Future Rate Cuts: The consensus among Fed officials is that rate cuts are unlikely until substantial evidence shows inflation moving towards the 2% target. The next policy meeting is on June 11-12, with traders not expecting a rate cut until September. What do you think about the Fed's approach to inflation and policy? Share your thoughts below! #Fed #RateCuts

Read the latest Gallagher Weekly Markets Update featuring some of the week's top market headlines: https://lnkd.in/gfPCwDaW ➡ Fed’s Preferred Gauge Signals Steady Inflation Pace ➡ Beige Book Indicates Modest Economic Growth ➡ Home Prices Reach All-Time High in March #EmployeeBenefits #FinancialMarkets #InstitutionalInvestmentConsulting

Read the latest Gallagher Weekly Markets Update featuring some of the week's top market headlines: https://lnkd.in/gfPCwDaW ➡ Fed’s Preferred Gauge Signals Steady Inflation Pace ➡ Beige Book Indicates Modest Economic Growth ➡ Home Prices Reach All-Time High in March #EmployeeBenefits #FinancialMarkets #InstitutionalInvestmentConsulting

Read the latest Gallagher Weekly Markets Update featuring some of the week's top market headlines: https://lnkd.in/gfPCwDaW ➡ Fed’s Preferred Gauge Signals Steady Inflation Pace ➡ Beige Book Indicates Modest Economic Growth ➡ Home Prices Reach All-Time High in March #EmployeeBenefits #FinancialMarkets #InstitutionalInvestmentConsulting