HomeMarketsU.S. Economy & JobsCPI Confirms The Road To 2% Inflation Will Be Bumpy

CPI Confirms The Road To 2% Inflation Will Be Bumpy

CPI confirms the road to 2% inflation will be bumpy, notes Collin Martin. He and Jeffrey Kleintop discuss how U.S. dollar maintains levels near $104. They also preview the ECB interest rate decision which will be released tomorrow at 8:15am ET. They then go over how August core inflation comes in higher than expected. Jeffrey highlights how the Fed could hold and awaits further evidence of disinflation, but there is a chance of a rate hike. They also look at China retail sales and industrial production data which reports this week. Tune in to find out more about the stock market today.

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13 Sep 2023

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