Economic Update - February 2018
Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank.
After kicking-off 2018 with a bang, stocks have entered into a period of increased volatility. Following a better-than-expected employment report, in which the U.S. added 200,000 jobs and remained at 4.1 percent unemployment in January, markets were knocked-off track by the rapid rise in wage growth, which improved to 2.9 percent. This improvement in wage growth has markets worried that inflation is on the horizon and may force the Fed to raise interest rates faster than originally anticipated.
Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, as we discuss the current economic conditions and the return of volatility to equity markets.
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