Has the Fed’s Rate Hike Rampage Gone Too Far? 3 Investing Trends to Watch Now

As consumers buckle under fed interest rate increases, these are the key investing trends we're watching...

Has the Fed's Rate Hike Rampage Gone Too Far? 3 Investing Trends to Watch Now By Andy Swan The Federal Reserve has approved another quarter-percentage-point interest rate rise, the tenth consecutive increase aimed at battling inflation. This takes its benchmark federal funds rate to a range between 5% and 5.25%, a 16-year high. As for the future of rate hikes, edits made to the post-meeting statement signal a pause may be imminent: Officials cut a phrase that said "some additional policy firming may be appropriate" in the pursuit of lower inflation. It seems minor, we know. But within the dialect of "Fedspeak," where every word is heavy with meaning, the deletion indicates that further interest rate increases aren't inevitable. That's great and all – but here at LikeFolio, we're especially tuned in to how rising rates influence consumer purchasing decisions, and our consumer insights suggest the Fed may have already taken rate hikes too far. Today, we're taking a look at the top investing trends to watch amid this consumer squeeze and the stocks either benefiting or suffering in this tough economic environment... Click here to keep reading   Until next time, Andy Swan Co-Founder, Derby City Insights

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