Fed Focus Shifts as Inflation Stays Sticky

This week’s discussion focused on a labor market that is cooling but still stable, renewed geopolitical risk tied to oil prices, and a Federal Reserve that appears more focused on inflation under new leadership. The panel also reviewed the market’s reaction to the June FOMC minutes, the importance of upcoming economic data, and how AI-related spending is influencing both inflation and equity leadership. Investors should watch earnings breadth, rate expectations, and rotation within technology as the second half of the year begins. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities 02:01 — Labor market data shows slower payroll growth04:48 — Middle East risks put oil prices back in focus09:01 — FOMC minutes point to a more hawkish Fed14:33 — AI spending drives equity market rotation21:26 — Closing thoughts for investors Additional ResourcesRead: Key Questions - Is Artificial Intelligence (AI) a “Bubble”?Read: IRS Releases Its Dirty Dozen Tax Scams and Schemes for 2026 Key QuestionsWeekly Investment BriefSubscribe to our Key Wealth Insights newsletterFollow us on LinkedIn