News & Insights
Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
CPI at 40-Year High, Financial Conditions Tighten, Investors Seek Safe Havens
CPI up 7.9% in February; Surging Energy, Commodities Costs in Wake of Ukrainian Crisis Pushing Prices Higher
Last week the U.S. Labor Department reported that inflation reached a 40-year high of 7.9 percent in February, just as Russia’s invasion of Ukraine and the global response pushed energy and commodity prices sharply higher. Before the Ukraine crisis, economists and policy makers expected a peak in year-over-year inflation this spring as supply chains recover from pandemic-related disruptions and the Federal Reserve begins a series of interest rate hikes. On a month-over-month basis, headline inflation is moving up, while core inflation, which excludes food and energy, is moving down.
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