Economic Beat: Financial markets had a shaky start to 2022
How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.
Economic Beat: January 10, 2022
Financial markets had a shaky start to 2022 with wholesale declines in the major U.S. indices. Last week’s rise in interest rates was largely driven by the ongoing shift in the perception of the Federal Reserve’s reaction function to the pandemic. The view from Fifth Third’s Investment Strategy team is that the Fed is beginning to unwind some of the emergency measures put in place during the COVID-19 lockdown of 2020, but monetary policy today remains supportive of economic growth. Listen to this week’s full Economic Beat update or read the transcript below.