Will The CPI Report Change The Fed's Plans?

The CPI showed modest improvement, notes Cooper Howard. He and Mike Townsend discuss how the markets are mixed after the March CPI and FOMC minutes. Cooper mentions that he expects the Fed to hike rates one more time this year, then pause. They talk about economic data to keep on your radar and if the CPI will change the Fed's plans. Mike notes that Congress returns to Washington next week and the banking turmoil response remains on the front burner. They highlight that banks kick off earnings season on Friday with JPM, C, WFC, and BLK. Tune in to find out more about the stock market today.

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12 Apr 2023

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