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CPI & PPI Impact On Fed Decision To Raise Rates

Strong PPI and hopefully strong CPI numbers tomorrow will have a great effect on if the Fed decides to raise rates, notes Tuan Nguyen. He and Jeffrey Cleveland discuss today’s PPI data and tomorrows CPI data. They also preview the next FOMC meeting which takes place October 31st and November 1st. Jeff talks about how the bond market thinks the Fed might be done, but the CPI could be a real determiner for what the Fed is going to do. Tune in to find out more about the stock market today.

Trading 360

11 Oct 2023

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