U.S. CPI Shows Inflation in Line With Fed's Goal

The transcript discusses recent economic data, including CPI and retail sales, and their impact on markets. Experts analyze inflation trends and the bond market's reaction, noting a flatter yield curve. They highlight the importance of fiscal policy, such as tax cuts, in influencing future economic conditions. Despite some wage growth, inflation pressures are eroding real earnings, emphasizing the need for fiscal stimulus.

What was the core CPI increase in February month on month?

How did the retail sales control group perform according to the data?

What impact did the oil price drop have on headline inflation?

What are the expectations regarding the Federal Reserve's rate hikes?

What factors are contributing to the downward pressure on real wages?