This week is the tale of two titans: Powell vs. Putin. The war in Ukraine – and especially its impact on the energy economy – is being felt around the world. Its impact on inflation is starting to be felt and may make things worse before they get better. How the U.S. – and specifically the Fed – responds this week is going to set the table for how markets do for the rest of the year. We know the FOMC is going to raise rates this week – but how many more rate hikes can we expect? And how much of an impact will shutting off Russian oil have on the economy?
Read more here: https://insightwealthgroup.com/the-weekly-insight-powell-v-putin/