Inflation could go higher if the Fed were to cut rates, data shows
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- čas přidán 13. 05. 2024
- As April's Producer Price Index (PPI) came in higher than expected, Jefferies Senior US Economist Thomas Simons joins The Morning Brief to break down the PPI print and what it signals for the Fed.
Simons explains that this report "suggests that there is still some pretty significant inflation pressure that is going to be passed along."
He says that the Fed may not cut rates before November or December if the Consumer Price Index (CPI), which is expected Wednesday, also comes in higher than expected. "And at this pace, possibly not even this year at all," Simons adds.
"The inflation data continues to show that there is risk that if the Fed were to cut rates, that they could risk stoking the inflation pressures even a little bit more and potentially sending inflation to higher levels that are really uncomfortable relative to their 2% goal," Simons tells Brad Smith and Seana Smith.
#youtube #inflation #stocks
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HIKE rates, at least 50 basis points
If PPI is up CPI is gonna be up sooner or later. The consumer pays the price period. Our economy is 3/4 consumption
PPI has just given a clue about CPI tomorrow
The fact this even needs to be said is very alarming.
INFLATION BASKET NEED TO BE REVISED
No rate cut 2024
Hike rates!!!! 20 points! 😂
Welp we are getting a hike or no cuts now for sure😂
RATE HIKE RATE CUT DIRTY GAME
Can anyone tell me how the FED raising interest rates reduces inflation?
Stock markets ATHs coming soon ….
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
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Free fall for snp500 n nasdaq tomorrow
Duh
Rates will be cut sooner than ppl think / expect … it’s all a game. Watch
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