“September’s Consumer Price Index (CPI) print saw core inflation rise 0.3% month-over-month and 4.1% year-over-year — in line with what was expected. Expert opinions seem to be mixed on what this means for the economy, some saying it shows healthy signs for the economy while others were expecting better numbers.
KPMG Senior Economist Yelena Maleyev and Jeffrey Kleintop, Charles Schwab Chief Global Investment Strategist, join Yahoo Finance Live to share their feelings on the Core CPI and how it relates to inflation and the economy moving forward.
“”The market was braced for a hotter report after a hotter PPI yesterday and hot jobs report on Friday,”” Kleintop says. “”So initial reaction to this may be muted, but inflation is proving to be stubborn, and that’s likely to weigh on markets in Q4.””
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
#cpi #inflation #yahoofinance
Retail Investors—don’t listen to these two analysts; they are fear mongers. They want you to sale at a lost so they can buy your positions. Keep buying; who cares “when” the fed cuts. 😊
CPI will remain high as long as government keep spending—which is why you think twice before you run to the bond market.
Wow
Super Wow
Mega wowers
Gigawowee
Lock Putin up!
I come here to learn “corporations like to keep prices high.”
Thanks, Yahoo Finance!
🙏☮💛🦁🐾
Ill take the word of the schwab guy over the girl thank you
OVERPRICE home price will be 60, 70,80 and q00% of stupid inflation. It need hanner home price down to correct inflation. Get rid off copporate from buying home.