HomeMarketsU.S. EconomyCPI Removes 'Last Hope' of Imminent Rate Cut, Tariff Dark Cloud Over Fed

CPI Removes 'Last Hope' of Imminent Rate Cut, Tariff Dark Cloud Over Fed

Charles Schwab's Kathy Jones tells investors not to expect a rate cut until at least December. Today's CPI print is one she believes will cement the Fed on keeping interest rates steady for now. However, Jeffrey Kleintop notes the tariff volatility as something that can sway decisions. He also points to a valuation gap between American and international stocks.

Market On Close

12 Feb 2025

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