Our Spotlight update for May focuses on slowing inflation, the progress of the Fed’s current hiking cycle, first-quarter earnings reports, and the upcoming Federal debt-ceiling deadline. Immanuel Tan from Workplace and Personal Wealth Portfolio Strategy reviews:
- How April’s slowdown in headline inflation may indicate that the US economy is cooling.
- How recent banking-sector turmoil has likely affected the Fed’s tightening cycle.
- Whether resilient economic data and corporate cost-cutting can offset current headwinds.
- How lower tax receipts could push the timing of the Federal debt ceiling.
