Understanding Current Inflation Trends and Historical Context

Lower prices are on many people’s wish lists this holiday season, but inflation remains a sticky issue. Labor Department data released this week showed prices were up 2.7% from a year ago. And while that was consistent with expectations, it did serve as a reminder of the challenges ahead for the Federal Reserve and the incoming Trump administration. Chief Market Strategist at Slatestone Wealth Kenny Polcari joins the FOX Business Rundown to discuss what policies he thinks could help bring relief to American consumers, why he does not support the Fed cutting interest rates, and why he remains optimistic about the stock market.

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