Weekly Highlights
5/24/24 – Slowing Housing and Manufacturing, Yet Labor Market Strength Prevails
Inflation data was the market’s focus this week after a string of hotter than expected data points so far this year.
May 24, 2024
Inflation data was the market’s focus this week after a string of hotter than expected data points so far this year.
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.
Inflation data was the market’s focus this week after a string of hotter than expected data points so far this year.
