Market Perspective Jason Ranallo Market Perspective Jason Ranallo

Pen Mightier Than Sword

The power of words over action was shown in the markets this week as testimony from the Federal Reserve Chairman appeared to have shifted market expectations of interest rate hikes. Will Powell's words preempt the Fed's need for higher increases?

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Market Perspective Jason Ranallo Market Perspective Jason Ranallo

Buying Power

Buying power is affected by the rate of inflation in an economy. As a result, a given amount of money will generally buy fewer goods and services in the future than it could have bought in the past.

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