Weekly Economic Insight – February 27, 2023
Cornerstone Financial Advisory
FEBRUARY 27, 2023
FOMC Says Inflation Is Still Too High Presented by Cornerstone Financial Advisory, LLC Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. However, members diverged on the economy, with some members finding the risk of recession elevated.
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