 | AUTHOR: Kerry Hilsabeck, CFP® TITLE: Investment Adviser Rep TAGS: Jobs, CPI, Yields, S&P 500 |
Core Consumer Price Index (CPI)(MoM)(Mar) rose more than expected for the 3rd straight month, increasing by .4% compared to .3%. The markets pulled back, which pushed the outlook for the first rate cut by the Federal Reserve to later this year until CPI trends improve.
Be sure to check out more of last week’s leading indicators here. Stay tuned for Market Thoughts.
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