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Weekly Market Commentary | 17 October 2021
By Syfe  •  October 16, 2021
Thought Of The Week U.S September Inflation, Fed Meeting Minutes, Earnings Season U.S consumer price inflation was largely in line with expectations. The headline inflation rose by 5.4% on an annual basis while the core CPI, which excludes the more volatile categories of food and energy costs, rose 4%. The stretch of higher inflation which many economists now expect to linger, is weighing on policy decisions at the Federal Reserve. In minutes released on Wednesday, the Fed officials were concerned that the disrupted supply chains were raising the risks of more persistent inflation as they firmed up plans to conclude their bond-buying stimulus program by the middle of next year. Higher consumer spending, shortage of workers and rising energy prices are keeping inflation higher for longer and this may prompt the Federal Reserve to act “earlier and swifter” to alter monetary policy to head off inflation. Meanwhile, U.S big...
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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