The Key Takeaway From the July CPI and PPI Reports

The video discusses recent economic indicators like CPI and PPI, highlighting that disinflation is stabilizing. It emphasizes the need to monitor core services to achieve a 2% inflation target. The discussion includes insights from guests Brian and Kathy on the Fed's monetary policy, suggesting that further rate hikes are likely before any cuts, especially given the current labor market conditions.

What is the significance of core services in the context of reaching the 2% inflation target?

What does Mary Daly's perspective suggest about the Fed's future actions?