April – May 2022

U.S. Economic and Market Highlights

Ukraine Crisis

  • Last Friday was the 100th day of the war in Ukraine with Russia. Circumstances remain uncertain as Ukraine thwarts threats from the invading forces. Uncertainty persists in the region and the world regarding the long-term impact of sanctions, blockades, future energy and food sources, and price stability.
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March – April 2022

U.S. Economic and Market Highlights

The Economy

  • The Federal Reserve policymakers raised short term interest rates in early May by 0.50% (50 basis points) as part of their effort to tamp down inflationary pressures. Additional rate increases are expected in June and July as they try to balance the risk of economic slowdown caused by higher borrowing rates.
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