Underlying Inflation Hits Lowest Since 2021: Why Markets Bet On Fed Hikes?
Anyone hoping for a cooling — or at least moderation — of Core CPI will be "sorely disappointed," said Northlight's Chris Zaccarelli.
Share
Why It Matters
Inflation that sticks around (the kind without food and gas) hit its lowest level since 2021, but experts think it is still too high. This makes people wonder if the Federal Reserve will keep raising interest rates to fight inflation.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.