May 22, 2024
The Federal Reserve raised the discount interest rate 11 times since March 2022. The last rate increase was in July 2023 as the CPI trended down from its peak and currently the CPI annualized rate for April was reported last week at 3.4% by the Bureau of Labor Statistics. How will investors respond with their investment activity as we approach this year’s controversial Presidential election? Listen in this Weekly Brief our views on the interest rate market, the election, and the potential for the stock market.