U.S. stocks relished one of their strongest months ever this January, lifting hopes for many that equity markets are making a turn for the green. With some success in easing inflation, the Federal Reserve recently made a small increase in interest rates by 25 basis points.
While Fed Chair Jerome Powell acknowledged that a “disinflationary process has started,” he cautioned that it is “premature” to declare a win against inflation. As much as hopes are rising for a “soft landing,” expectations are still laid out for a Fed-induced recession at some point this year.
