Weekly Update | Good CPI and Tough Fed | June 12, 2024

Inflation came in better than expected, so why is the Fed coming in so tough? Let’s talk about the inflation double header on today’s Midweek Update with Brett Witkowski.

The Fed has released its updated Dot Plot, which can tell us they expect one rate cut in 2024, and less rate cuts next year. We seem to be in a pause, higher interest rates for longer.