April 13, 2024
Consumer Prices Slow and What That Means for The Fed

Consumer Prices Slow and What That Means for The Fed

Wall Street’s indexes rallied Tuesday morning, led by the Nasdaq, which jumped over 3% after consumer prices rose less than expected and raised hope that the Federal Reserve could slow its pace of rate hikes.But the fade in the indexes tells the bigger story..

The fact is Tuesday’s report doesn’t change anything and let me tell you why…

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