EPISODE · Jul 11, 2023 · 2 MIN
Data has been mixed, but likely not bad enough to hold off higher rates
from The Weekly Fix
In this episode of The Weekly Fix, Tim Leary, BlueBay Senior Portfolio Manager of Leveraged Finance at RBC GAM, discusses July market trends. The recent data releases have been mixed, but investors calculate that the economy is still too strong for the Fed’s liking, and that policymakers will raise rates again later this month. The US consumer continues to show strength in spending and, while inflation is stubborn, US inflation remains below the global rate.
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Data has been mixed, but likely not bad enough to hold off higher rates
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