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CPI Shows ‘Promising Signs’, But Overall Data Picture Obscured

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Manage episode 515432175 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Sonali Basak gives her takeaways from the CPI report and highlights “promising signs” of inflation easing. She also discusses government data collection issues and delays compounding as the shutdown continues, and how the market is turning to private data releases instead, which don’t have the whole picture. She thinks the Fed now has room to support the jobs market with multiple rate cuts. However, because of the lack of data, there could be volatility in markets.

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8435 episodes

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Manage episode 515432175 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Sonali Basak gives her takeaways from the CPI report and highlights “promising signs” of inflation easing. She also discusses government data collection issues and delays compounding as the shutdown continues, and how the market is turning to private data releases instead, which don’t have the whole picture. She thinks the Fed now has room to support the jobs market with multiple rate cuts. However, because of the lack of data, there could be volatility in markets.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

8435 episodes

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