The Plot Thickens

  • Market Perspectives
  • Office of the CIO

In Summary

A series of stronger-than-expected economic and inflation data have compelled investors and policymakers to recalibrate their outlooks and positions. In the short run, the Fed is expected to turn more hawkish than previously guided. However, will additional rate hikes increase the odds of a more difficult economic landing? To hike or not to hike, that is the question.