2 Question Tuesday – 07/18/2023 – Will Inflation Numbers End Rate Hikes & What Does Weak Dollar Mean For The Economy?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Will the low inflation numbers lead to rate hikes ending?
  2. What does a weak dollar mean for the economy?

Phil, Mike, and Larry discuss the significant decline in inflation with both the CPI and Producer Price Index posting the smallest increases in two years. Will this lead the Fed to stop raising interest rates? They then address the U.S. dollar dropping to a 15-month low and what this means for both consumers and the economy.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Host Lawrence Carrel’s books available at Amazon.com