Analyst: CPI Report Unlikely to Alter the Fed’s Future Course
According to a report by Jinse Finance, Art Hogan, Chief Market Strategist at B. Riley Wealth, stated: "Core goods are the real driver behind the rise in the CPI index, but energy and housing costs have somewhat offset this impact. This report is unlikely to alter the Federal Reserve's course, and we still expect rate cuts at the next three meetings."
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