HomeMarketsU.S. Economy & JobsCPI June 2022 Data Assures An Upcoming 75 BPS Rate Hike
CPI June 2022 Data Assures An Upcoming 75 BPS Rate Hike

Consumer Price Index or CPI data came in higher than expected. "The CPI month-over-month number bothers me as it needs to stabilize. This data assures a 75 BPS rate hike for the next meeting. The average equity investor does not realize that stocks look for a reason to go down and when they don't find it, they go up," says Bob Iaccino.

Futures

13 Jul 2022

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