Natural Gas Skews Energy in CPI, Fed Rate Hike Possibility
Schwab Network · Schwab Network
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Show Notes
Reporting from the Cboe Global Markets, Kevin Hincks outlines the latest CPI print that fell mostly in-line with expectations. Shelter and energy remain higher, though Kevin points out natural gas as the culprit behind energy's unusual move. He adds that markets are shifting toward expectations of a September interest rate cut, and a rate hike may not be out of the question.
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