The Fed Is Going To Raise Rates 25 BPS Despite Improving Inflation

Easing in top-line inflation in June was led by the energy complex, notes Joe Brusuelas. He discusses how stocks are set for a positive week as earnings begin. He talks about what we learned from this week's inflation data. He mentions that despite improvement in inflation data, the Fed is going to raise rates by 25 BPS. He highlights that there is no such consensus over the September meeting. He then goes over the economic outlook for the rest of the year. He looks at the most recent CPI report. Tune in to find out more about the stock market today.