Broker Check

Inflation Report Surprises Higher

September 13, 2022
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In their latest commentary, the Cetera Investment Management Team discusses the recent consumer price index report that came in hotter than expected. Investors had been bidding up stocks in hopes for a weaker report that would trigger the Fed to raise rates by only 0.50% vs 0.75%. The new report seems to cement at least a 0.75% rate hike and stock markets are adjusting. However, there are signs inflation may be easing in the future.

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