Quarterly Economic Report, Q3 2022
The SVB Asset Management Economic Report is a quarterly review and outlook on economic and market factors that impact global markets and business health.
The Federal Reserve continues to tighten monetary policy.
The FOMC raised rates by 75-basis points at the June 2022 FOMC meeting.
Global inflation expectations remain high.
The Russia/Ukraine conflict creates inflationary pressures and commodity prices remain elevated.
US labor markets remain strong.
There continues to be more jobs available than unemployed Americans.