April 2022 Market Update
We continue to closely monitor the situation in Ukraine and hope for positive developments in ceasefire talks. While we await further developments from Ukraine, domestic markets have shifted focus to issues like inflation and Federal Reserve policy. However, we still believe the rate of inflation will slow towards the end of this year. Some of the key points for March’s update are:
- The March inflation report showed that headline inflation was slightly above expectations at 8.5%, but more importantly, that core inflation came in below expectations.
- The market expects a 50-basis point increase in the federal funds rate in May 2022.
- We remain focused on the long term despite the recent short-term volatility.
We hope you find this video educational and informative. If you have any questions, please reach out to your advisor. As always, thank you for putting your trust in the Merit team.
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