Inflation coming in lighter than expected
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Chuck Zodda and Mike Armstrong react to the core CPE numbers coming in weaker than expected. Core PCE index, Fed's preferred measure, increased 0.3%, less than expected. The Nasdaq Composite jumps 15% and is on pace to outperform the Dow industrials by the widest margin since 2001. Americans are moving cash to money funds and that is adding to the strains on small banks. Omair Shariff stops by to share his perspective on the where inflation is trending.
