Investment Office Logo
Asset Management
• Asset Managers Switzerland
• T.Rowe Price

Fed’s Inflation Fight Likely to Persist

Steady rise in cost of services clouds inflation outlook

Tim Murray, Capital Markets Strategist, Multi‑Asset Division
T. Rowe Price,  September 2022

Key Insights

  • The cost of goods may be peaking, but the cost of services is steadily gaining momentum, which could be problematic for the inflation outlook.
  • In our view, the Fed’s inflation fight is far from over, and our Asset Allocation Committee remains underweight stocks relative to bonds.

 

Access the full report from T. Rowe Price