Fed Pause In May Could Lead To A Market Rally

The markets pull back from highs after inflation cools. Andrew Brenner discusses the Consumer Price Index for March 2023. He talks about what today's inflation data could mean for the Fed. He goes over how there could be a Fed pause on the horizon. He examines the strength of the banking system. He notes that we really think the trend is in favor of lower inflation and what's interesting so it's unclear what the Fed will do in May. He also suggests that there could be a rally in May because that could be viewed as the last Fed rate hike. Tune in to find out more about the stock market today.