CPI Report Spurs Fed’s Likely 25 Basis Point Rate Cut | Episode 171 | 09-11-24
How does the latest Consumer Price Index (CPI) report impact the Federal Reserve’s next move on interest rates? Discover the Fed’s likely decision to opt for a 25 basis point rate cut instead of a 50 basis point cut. With the persistent inflationary concerns, particularly within the core CPI that excludes volatile food and energy prices, and the stubbornly high costs in the services sector and housing to the fluctuating airline fares and used car prices, host Megan breaks down the data and what it implies for economic policy and your wallet.
Watch for other critical reports coming this week, including the Producer Price Index (PPI) and import/export prices, and what these indicators reveal about the future economic landscape. The Fed’s cautious approach amidst ongoing inflation trends underscores the need for a measured response. Don’t forget to subscribe for more in-depth insights into the factors shaping our economy.
