Fed Reset, Inflation Pressures and a Broader Market Story

Markets recalibrate as the Federal Reserve signals a more hawkish stance under new leadership, shifting expectations away from rate cuts and toward potential tightening. Inflation projections moved higher, reinforcing the Fed’s focus on price stability and reducing forward guidance as a policy tool. Fixed income markets reacted quickly, with front end yields rising and volatility expected to persist. In equities, leadership continues to broaden beyond mega cap names, with improving participation across sectors supporting a constructive backdrop, though near term consolidation and uneven returns remain likely through the summer. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities 02:40 — Market overview with GDP, PCE and unemployment trends04:05 — FOMC recap and introduction of new Fed Chair Kevin Warsh06:20 — Inflation projections rise and policy expectations reset12:30 — Reduced Fed communication and implications for volatility15:00 — Equity market rotation beyond mega cap tech and earnings outlook Additional ResourcesRead Now: Trump Accounts: A New Tool for Building Optionality for ChildrenCheck Out: Key Questions: Is Artificial Intelligence (AI) a “Bubble”? Key QuestionsWeekly Investment BriefSubscribe to our Key Wealth Insights newsletterFollow us on LinkedIn