
Friday Jul 29, 2022
PCA Week in Review - Friday, July 29, 2022
This week in the Review:
1. Federal Reserve Tightens as Expected
- The Fed hikes federal funds by 0.75%
- Impact on bond markets
- Dovish comments met positively by market in short term
2. US GDP Confirms Slower Growth
- Why GDP decreased less in the second quarter than the first
- Impact of the IMF World Economic Outlook Report