EPISODE · Jul 12, 2024 · 8 MIN
Are US consumers pushing back on price increases? | The Week in Markets
from True Potential Morning Markets · host True Potential
Paul Durrans, Investment Director and Sam Elliott, Investment Analyst cover the US inflation report which came in below expectations. They discuss the market reaction and what this means for US interest rate cuts. Furthermore, they discuss Q2 corporate earnings from the US consumer and banking sector. They finish by discussing the recent data on the UK economy which shows economic activity remains on a stronger footing despite interest rates at elevated levels.
What this episode covers
Paul Durrans, Investment Director and Sam Elliott, Investment Analyst cover the US inflation report which came in below expectations. They discuss the market reaction and what this means for US interest rate cuts. Furthermore, they discuss Q2 corporate earnings from the US consumer and banking sector. They finish by discussing the recent data on the UK economy which shows economic activity remains on a stronger footing despite interest rates at elevated levels.
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Are US consumers pushing back on price increases? | The Week in Markets
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