Latest / Markets with Megan: A Quick Financial Markets Update
Inflation Insights: the January Consumer Price Index | Episode 101 | 02-13-2024
In this episode, Chief Investment Officer Megan Horneman looks into the January inflation report, specifically the Consumer Price Index, a highly anticipated update for investors and closely monitored by the Federal Reserve. Unfortunately, there were surprises as both headline and core inflation exceeded expectations, with notable increases in food, shelter, and service sectors. Megan talks about the details, highlighting the challenges posed by rising inflation pressures, particularly in service prices. The market's response has been significant, impacting the probability of a Fed rate cut…
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