Economic Beat: Major U.S. equity indices rose last week

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: July 31, 2023

Persistent core inflation data and a still tight labor market resulted in the FOMC’s decision to raise interest rates, despite witnessing overall inflation which continues to moderate. The statement from the Fed was interpreted as mildly dovish and market participants were encouraged by Fed Chair Powell’s comment that it makes sense to slow down tightening. Listen to this week’s full Economic Beat update or read the transcript below.

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