The White House is celebrating this CPI report. President Biden said he expects Americans to see headway on inflation in the next few months. Wall Street? Did they react at all? Stock surge on the news. It was the biggest one-day rally since 2020.
Several big tech companies are announcing layoffs, inflation seems to level off leading to a stock surge, and Democrats’ gamble to fund some Republican candidates pays off. Get the facts first on Morning Wire.
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