Inflation Jumps, Oil Drives Prices Higher, and What the Fed Does Next

Inflation is heating up again, but the story isn’t that simple.

Chuck Zodda and Mike Armstrong break down a sharp CPI increase driven by energy prices, and why core inflation remains more stable, for now.

Also covered:

Why oil is pushing headline inflation higher

What to watch in core inflation in the months ahead

How this impacts Fed policy and rate cuts

The outlook for mortgage rates and the housing market

The skinny

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