Analysts: CPI report is not expected to change the future path of the Federal Reserve
2025-08-12 13:15:35
Art Hogan, chief market strategist at B. Riley Wealth, said: "Core commodities are the real driver of the rise in the CPI, but energy and housing costs offset that to some extent. The report may not change the Fed's path forward and we still expect rate cuts at the next three meetings."
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