Latest / The Financial Exchange Show
Fed’s Next Move Gets Murkier After CPI Report
CPI came in close to expectations, but one noisy piece of the report is raising new questions about whether the Fed will actually hike rates next week.
Chuck Zodda and Mike Armstrong discuss why August CPI may not give the Fed a clean answer, how wireless phone services distorted the super core inflation reading, and why diesel prices could make September inflation look very different. They also break down Oracle’s AI spending challenge, why Congress is waking up to AI risks, how bad actors are already misusing AI tools, the future of Social Security and retirement, NIL money flowing into…
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