Inflation Seems To Be Cooling? PPI Released

Published: June 14, 2023, 2:18 p.m.

b'Will the PPI or Producer Price Index number be good news for the bulls? Regarding the CPI, there was one data point that the Federal Reserve may not like, which was Core inflation. Inflation at 4% is still at 40-year highs. During the FOMC today, will there be a pause or a skip? Bob Iaccino weighs in on a possible interest rate hike in July. Are the commodities and equities markets pricing in the highest level of Fed Funds Rate since 2008?'