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Slowing Economic Growth Amid Persistent InflationSlowing Economic Growth Amid Persistent Inflation
GDP growth is down, but inflation metrics are rising.
June 25, 2024
Sponsored by Federated Hermes
Join Phil Orlando, chief equity market strategist and head of client portfolio management at Federated Hermes, to learn how U.S. economy is slowing while inflation remains persistently high. GDP growth has significantly declined, yet inflation metrics like the Consumer Price Index and Producer Price Index continue to rise. This divergence creates a challenging environment for the Federal Reserve and investors, complicating decisions on interest rates and portfolio strategies amid ongoing economic and political uncertainties.