Mid Year Review & Outlook: Dual Threats: Inflation & Recession

July 2022  /  Past Issues

As we close the books on the second quarter, markets continue to focus on the dual threats of inflation and recession. The war in Ukraine continues, but no longer dominates the daily news. Oil prices remain stubbornly high and a key component of the inflation story.

Due to the Fed’s inability to have a direct impact on high oil prices and lingering supply chain issues, they have taken strong action in raising the Fed Funds rate in an attempt to slow overall demand.

Disclosures

Investment, trust, credit and banking services are offered by Webster Private Bank, a division of Webster Bank, N.A.

Investment products offered by Webster Private Bank are not FDIC or government insured; are not guaranteed by Webster Bank; may involve investment risks, including loss of principal amount invested; and are not deposits or other obligations of Webster Bank.

Webster Private Bank is not in the business of providing tax or legal advice. Consult with your independent attorney, tax consultant or other professional advisor for final recommendations and before changing or implementing any financial, tax or estate planning advice.

All credit products are subject to the normal credit approval process.

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