What You Need To Know About CPI & PPI

The Consumer Price Index report for February 2023 was released today, March 14th. Tom Graff and Mark Hamrick discuss inflation data. They talk about what the CPI data means for the Fed. They go over movement in S&P 500 sectors materials (XLB), energy (XLE), financials (XLF), and health care (XLV) and the CBOE Market Volatility Index (VIX). They then go over consumer spending trends to monitor. Finally, they preview the February 2023 Producer Price Index which will be released tomorrow, March 15. Tune in to find out more about the stock market today.