2 Question Tuesday – 9/13/2022 – Fed Expectations After CPI Report & Railroad Union Strike
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- After the inflationary CPI report, what do you think the Fed will do?
- If the railroad unions go on strike how will that affect the economy?
On Tuesday, the Consumer Price Index (CPI) showed inflation is running hotter than expected. Phil, Mike, and Larry talk about what we should expect from the Federal Reserve this month and how high the Federal Funds Rate will go. They then look at the railroad unions’ threats to go on strike this week, and break down how this will affect the U.S. markets and 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.