A lot of people are worried that a recession is in our future. Some believe it may already be here. Our Peek of the Week pumps the brakes on the whole "recession" idea to evaluate the facts, details and future estimations. Unemployment is low, inflation is high, and both tend to occur in an economy going through some strong growth. So, which is it?! Are we experiencing strong growth or going through the early stages of a recession? It's important to remember that the models used to predict these things can be volatile, resulting in questionable or conflicting data.
Read MoreToday's Peek of the Week tells us how the Federal Reserve has stepped up their "anti-inflation campaign" in the last week, with the goal to slow inflation. Inflation has been high and is getting further exacerbated by the war in Ukraine and by China's virus lockdowns. So far, the American economy has avoided a recession but it has not avoided ongoing inflation.
Read MoreThe Fed's minutes from their December meeting were released last week and investors found themselves surprised by "the change in tone" for future outlooks. Our Peek of the Week tells the story of the Federal Reserve and how 2020 forced our country to make adjustments to avoid a deep recession or depression, and how we continue to pivot going forward.
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