Risk
What If Inflation Is Stuck at 3%, Derailing Fed Reductions?
The central bank wants the price index growth to ratchet down to 2%.
The central bank wants the price index growth to ratchet down to 2%.
Ratings drops affect Comerica and KeyCorp, following Moody’s negative actions on lenders two weeks ago.
Inflation, Fed rate hikes and an inverted yield curve are all undermining what seems like a new bull market, says Comerica’s Lynch.