This week’s CPI should help inform the path of Fed policy, notes Cooper Howard. He and Mike Townsend discuss the expectations for Wednesday’s CPI report. Cooper highlights that longer-term rates lately have limited upside from here. Mike mentions that there is no big change expected in monetary policy and that the Senate confirms three Fed nominees. They then go over the outlook for Fed monetary policy. Mike outlines that both the House and Senate are back in Washington with a government shutdown looming in 19 days. Tune in to find out more about the stock market today.
11 Sep 2023