November 2022 Market Report

December 13, 2022

The Federal Reserve raised their policy rate by 75-bps to 4 percent, as expected, at the start of November. The following week, October data was released showing inflation slowed to 7.7 percent, below the expected 7.9 percent increase. Markets reacted euphorically, anticipating that the financial tightening cycle is nearing its end.

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