# TSP Market Summary: January 29, 2022 | TSP TIPS

> The S&P 500 posted its first positive week in a month after a volatile week with intraday swings of 2.5%. The Federal Reserve signaled that it will raise interest rates in March, and December PCE inflation rose 4.9% year over year, the hottest reading since 1983. Most S&P 500 stocks were trading below their 200-day moving averages.

- Date: 2022-01-29 · published 2022-01-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/12839-tsp-market-summary-january-29-2022-tsp-tips
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Expected Fed tightening and high inflation strengthen the dollar and raise borrowing costs, which can pressure commodity prices. The effect on feed markets is indirect and comes through macro channels.

## Sources

- tsptips.com: https://www.tsptips.com/market-summaries/2022/01/2022-01-29-weekly-market-commentary/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.