Economic Update - March 2018

Equity markets have remained volatile despite a strengthening labor market and a declining risk of inflation. Following January’s strong employment report, many investors feared that rapidly rising wage growth could spark inflationary pressures and force the Fed to increase interest rates faster than originally anticipated. This fear has declined somewhat, as recent economic data shows a moderation of annual wage growth from 2.9 percent to 2.6 percent, and an overall stability of price-levels. The continued volatility in equity markets is likely due to new trade initiatives recently announced by the White House.

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 potential impact of the president’s recently announced trade tariffs.

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