6 min listen
Latest CPI Data Indicates Rising Prices & Good News For Stocks
FromSchwab Network
ratings:
Length:
8 minutes
Released:
Jul 12, 2023
Format:
Podcast episode
Description
The CPI or Consumer Price Index data came in lower than expected, which is good news for risk assets like the equity market. Will this have an effect on the upcoming Federal Reserve meeting? Bob Iaccino says that this is still rising prices. Inflation is easing, but still above targeted levels. When there is an increased gap between actual wages and real wages, that will worry the Fed.
Released:
Jul 12, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network