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Fed Late in Cutting, or Waiting for True Inflation Blow?
Manage episode 488374470 series 3645668
Leo Feler and Chris Watling react to the May PPI, which came in below expectations. Chris calls this and the recent CPI report signs that companies are absorbing tariff costs rather than passing them onto the consumer. He also believes the Fed should be cutting rates. Leo highlights price jumps in materials for durable manufacturing as a warning sign. When manufacturing contracts between factories and retailers come up for renewal, he expects prices to soar for the end consumer.
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5312 episodes
Manage episode 488374470 series 3645668
Leo Feler and Chris Watling react to the May PPI, which came in below expectations. Chris calls this and the recent CPI report signs that companies are absorbing tariff costs rather than passing them onto the consumer. He also believes the Fed should be cutting rates. Leo highlights price jumps in materials for durable manufacturing as a warning sign. When manufacturing contracts between factories and retailers come up for renewal, he expects prices to soar for the end consumer.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
5312 episodes
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