Stocks drop following hotter than expected inflation report in January

The January Consumer Price Index report was much hotter than expected, with inflation rising by 0.5% month-over-month and 3.0% year-over-year, above economist forecasts. The uptick is sparking discussions about the Federal Reserve’s next moves and what it might mean for the markets.
02:43 New Century Advisors chief economist Claudia Sahm and UBS Global Wealth Management Head of Taxable Fixed Income Strategy Leslie Falconio discuss what the rise means for the Federal Reserve’s rate path.
10:57 Yahoo Finance markets and data editor Jared Blikre breaks down the market reaction to the data
13:36 University of Akron’s Endowment Committee chairman Dennis Gartman joins the Morning Brief team to explain why he thinks there could be a market sell-off.
20:31 Yahoo Finance Senior Reporter Alexandra Canal examines the factors driving food and shelter inflation, while Catalysts Anchor Madison Mills analyzes the rise in services inflation.
#inflation #stocks #youtube

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