This Is What Losing Looks Like
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The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was “hotter than expected”, despite the Federal Reserve hiking rates by over 3% since March. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the CPI data in the context of the Fed’s inflation fight and concludes “this is what losing looks like”.
Topics Covered
- The CPI Data
- Producer price data
- The Fed did too little too late
- The recession question
- Market reaction to the CPI
Running Length: 00:30:25
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