Review the latest Weekly Headings by CIO Larry Adam.
Key Takeaways
- Anticipating improvements in the August inflation reports
- Retailers are discounting as they offload inventories
- The streak of declining gas prices continues
The lights are on, and the stadiums are packed which means football is finally back! While the college season has already started, the defending champions from Los Angeles kicked off the start of the professional league with a loss to Buffalo. Whether it be the crowd noise, tailgating, camaraderie, or impressive displays of athleticism, football has something for everyone. In addition to football, this fall will be eventful for the team of monetary policymakers at the Federal Reserve (Fed). Quarterbacked by Chairman Powell, the Fed will draft the route for tightening policy as it is steadfast on moving the chains on inflationary pressures. While there are still some yards to cover before the peak terminal interest rate is reached, the Fed is full of veterans who are continuously assessing the economic field.
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