The Fed Will Continue To Be Data Dependent
Schwab Network
English - April 12, 2023 16:21 - 8 minutes - 76.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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What is the impact of today's CPI print and what will it mean for the upcoming FOMC meeting? Jannis Meindl thinks that the Federal Reserve will continue to be data dependent and the regional bank situation seems to be contained for now. Inflation being at 5% is not 2% so the inflation fight will need to continue. Meindl also weighs in on the crude oil price hovering near $81 ahead of the OPEC monthly report.