Latest / Markets with Megan: A Quick Financial Markets Update
October's Consumer Price Index: Lower Inflation Impact | Episode 071 | 11-14-23
In the latest episode of Markets with Megan, Verdence Capital Advisors' Chief Investment Officer, Megan Horneman, provides her insights on the October Consumer Price Index release. The report revealed lower-than-expected inflation, with the headline CPI remaining flat for the first time since July 2022. Megan talks about the decline in vehicle prices, used cars, airfares, and a significant drop in gasoline prices as contributors. Both stock and bond markets responded positively, signaling the market's confidence that the Federal Reserve may maintain its current stance in December without…
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