Weekly Update: Broad-Based Support for Inflation Peak, 0.75% Fed Hike This Week

July 25, 2022 – Today we look at market-based measures of inflation, including commodity prices and consumer expectations, which paint a fairly definitive case that the 9.1% headline CPI for June will mark the peak for US inflation. Also, the Fed meets this Wednesday the 27th where it is widely expected that they will raise interest rates by 0.75% (or 75 basis points). Then, only days later, we will get the first release for second quarter GDP growth, which real-time measures are projecting to come in negative. It's going to be a big week for the market and the economy and we cover some of the key points in today's weekly investment video.

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