Financial Economic News Analysis

Published Friday, July 8, 2022 at: 6:50 PM EDT

The U.S. economy added 372,000 new jobs in June, easing fears of a recession. Strong job creation makes a three-quarter of 1% rate hike likely on July 27, when the Federal Reserve releases its next policy statement. The Wednesday, July 13, 8:30 a.m. ET, Consumer Price Index (CPI) release is the next important economic indicator to watch. If the pace of inflation eases, as measured by the CPI, then a “soft landing” could still be possible, and a recession may be avoided while the Fed fights to prevent a high-inflation mentality from becoming a permanent feature of the American consumer’s financial...

To Read the Full Story, Subscribe or

This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

2023

    2022

    2021

    2020

    2019

    2018

    2017

    2016

    2015

    Insurance Review

     

    Book An Appointment

    Contact Detail

    Michael MacDonald Financial
    2300 Contra Costa Blvd Suite 175
    Pleasant Hill, CA 94523

    mikemac@thefinancialadvisor.org
    thefinancialadvisor.org
    Phone: 925-521-0110

    Follow Us