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What Thursday’s CPI data means for Fed policy

DeFi Daily News by DeFi Daily News
July 8, 2024
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Investors are keenly awaiting the Consumer Price Index (CPI) report set for release on Friday. This economic indicator will provide fresh insights into the Federal Reserve’s ongoing battle against inflation and offer valuable clues about their next move for monetary policy, with investors hoping for a potential rate cut.

Yahoo Finance anchor Josh Lipton examines market expectations of the upcoming CPI print.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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#yahoofinance #cpi #fed

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Tags: BondsbusinessCPICurrenciesdataEquitiesfedFXInvestingInvestmentMarketMarketsMeansMoneyNewsNYSEPersonal FinancepolicyPoliticsSavingsStock marketstocksThursdaysYahoo FinanceYahoo FInance Premium
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