CPI Report: We've Set A Low Bar If This Is An Improvement

The CPI report was better-than-expected in most areas except shelter, says Sam Burns. He and Greg McBride discuss the CPI report. Sam talks about how core inflation excluding shelter was the weakest since May 2022. They also talk about how the markets spike higher following a better-than-expected CPI report. Greg notes that we've set a very low bar if this constitutes improvement, and the pervasiveness of price increases remains problematic. Tune in to find out more about the stock market today.