A Step in the Right Direction: U.S. Inflation Eases in April After Hot Start to the Year

Executive summary:

  • Core inflation slowed to 3.6% in April in the U.S.
  • U.S. equity and bond markets rallied sharply in the wake of April's inflation report
  • European equities rose as the region's economic outlook improved

On the latest edition of Market Week in Review, Director of Investment Strategies, Shailesh Kshatriya, and ESG and Active Ownership Analyst Zoe Warganz discussed the U.S. inflation and retail sales reports from April, as well as the market’s reaction. They also chatted about the improving economic outlook in Europe.