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Is the Fed Holding Rates Steady? Market Update 6/17/24
Manage episode 424234310 series 3548710
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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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