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EPISODE · Jul 28, 2023 · 8 MIN

America's Economic Engine - Dynamic Women

from Bedell Frazier Investment Counselling · host Mike Frazier

The Federal Reserve took interest rates to a 22-year high this week, reaching 5.5%. The Market seems to be declaring a Fed victory over the historic inflation. The Consumer Price Index is now down to 3%. It hit over 9% last Summer. Importantly, the Fed no longer forecasts a recession ahead. That's new. What's also new is the Economy accelerated in Q2. It grew 2.4%, faster than anticipated. Americans are out and about, and they keep spending. The Fed even said that Taylor Swift has been an economic engine for America. You better believe it. I'm not making that up. More on T Swift below.

Episode metadata supplied by the publisher feed · Published Jul 28, 2023

What this episode covers

The Federal Reserve took interest rates to a 22-year high this week, reaching 5.5%. The Market seems to be declaring a Fed victory over the historic inflation. The Consumer Price Index is now down to 3%. It hit over 9% last Summer. Importantly, the Fed no longer forecasts a recession ahead. That's new. What's also new is the Economy accelerated in Q2. It grew 2.4%, faster than anticipated. Americans are out and about, and they keep spending. The Fed even said that Taylor Swift has been an eco...

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Frequently Asked Questions

How long is this episode of Bedell Frazier Investment Counselling?

This episode is 8 minutes long.

When was this Bedell Frazier Investment Counselling episode published?

This episode was published on July 28, 2023.

What is this episode about?

The Federal Reserve took interest rates to a 22-year high this week, reaching 5.5%. The Market seems to be declaring a Fed victory over the historic inflation. The Consumer Price Index is now down to 3%. It hit over 9% last Summer. Importantly, the...

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