US Markets WrapUS Markets Wrap: How strong are inflationary pressures right now?
US Markets Wrap
As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance ex…198 clip(s)
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Inflationary pressures was one headwind that came up in every bank call. Consumer Price Index (CPI) for March came in higher-than-expected, showing sticky inflation is still in play and adding to the reasons why the US Federal Reserve may hold off on interest rate cuts again in Q2.
Frank Cappelleri Founder and President, CappThesis shares his insights on the latest inflationary pressures, expectations on PCE figures and big earnings set to be released later this week, and whether a demise in big-tech could cause a market crash.
Presented by: Willie Keng
Producer: Yeo Kai Ting (ykaiting@sph.com.sg)
Graphics credits: iStockphoto
