The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the 2.4% seen in May but lower than the 2.7% economists expected. Investors weigh whether President Trump’s tariff policy is fueling inflation in the US economy and what it means for the Federal Reserve.
New Century Advisors chief economist Claudia Sahm and EY chief economist Gregory Daco join Morning Brief with Julie Hyman moments after the data release to discuss their expectations for the Fed in light of the fresh economic data.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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