The economic data released during the past week served as a stark reminder to investors the path to get core inflation down to the Federal Reserve 2% policy objective will be non-linear and challenging in 2024.
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency.
The economic data released during the past week served as a stark reminder to investors the path to get core inflation down to the Federal Reserve 2% policy objective will be non-linear and challenging in 2024.
