Inflation Cooled In March, But It's Not Time To Celebrate Yet

The U.S. economy continued to add jobs at a brisk pace in March, notes John Leer. He and Sam Burns discuss the PPI reaction, as well as takeaways from today's PPI data. John mentions that headline inflation cooled in March, but it's not time to celebrate yet. They also highlight what this week's inflation data means for the Fed. Sam talks about how the PPI today was well below expectations and highlights the rapid deceleration of underlying inflation pressures. They then preview expectations for next month's Fed meeting. Tune in to find out more about the stock market today.