Sticky Inflation Is Causing Fatigue

The next mile of getting inflation down to near 2% is going to be the hardest, notes Sarah Foster. She discusses the takeaways from today’s CPI print. She talks about how the Fed will react to the latest inflation data, as well as when they could start cutting. She goes over how sticky inflation is causing fatigue, it is impacting essentials, consumers are paying more for rent, and they’re still spending more on food costs. She also highlights how the used car prices number edged up a little higher when it was expected that they would be lower. Tune in to find out more about the stock market today.

Market On Close

11 Jan 2024

SHARE

Schwab Network's Newsletters

Daily insights for every investor

ON AIR
6:00 pm
The Wrap
replay
12:00 am
The Wrap
REPLAY
12:30 am
Market On Close
REPLAY
2:00 am
Trading 360
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
5:00 am
Market Overtime
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Morning Movers
8:00 am
Opening Bell With Nicole Petallides
9:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Next Gen Investing
REPLAY
ON AIR
6:00 pm
The Wrap
REPLAY
7:30 pm
Market Overtime
REPLAY
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market On Close
REPLAY
10:00 pm
Trading 360
REPLAY
11:00 pm
The Wrap
REPLAY