Marc Chandler – Recapping the inflation data from this week and changes in Fed expectations
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website joins me to recap the inflation data released this week. He provides a comparison of the data to last year and the data we saw just a few months ago. We also address the key drivers holding inflation at the higher levels, including energy prices, the labor market, and commodity prices. This all ties into the changes in expectation for Fed policy as we move to next year and a possible rate hike.