Powell "Test" on Markets, Watch "Under the Surface" Inflation Data
Schwab Network · Schwab Network
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Show Notes
Investors spoke loud and clear during yesterday's trading session when headlines of President Trump firing Fed chair Jerome Powell hit the wire. Trump denied those reports, but Charles Schwab's Liz Ann Sonders talks about how it proves that markets see Jerome Powell as a positive influence. Liz Ann turns to the inflation picture and talks about the CPI and PPI prints, arguing there's a lot under the headline numbers investors should pay attention to.
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