Economic Beat: The U.S. dollar dropped sharply against major peers

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: May 23, 2022

Major U.S. equity indices dropped yet again last week, with the S&P 500 Index clocking its seventh weekly decline in a row. Fed watchers and market participants are trying to assess whether the Fed will be able to engineer a so-called "soft landing" by helping slow inflation without cutting off economic growth. The U.S. dollar dropped sharply against major peers, after gaining in the preceding four weeks. Listen to this week’s full Economic Beat update or read the transcript below.

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