Job Growth Slows in June, Yellen's China Talks, Twitter Threatens Meta 7/7/23
Squawk on the Street
00:00
The Fed's Response to the June CPI Report
The Fed is moving in small steps with lots of time between each step. The bond market is sort of stopped assuming we're going to get a rush to cutting rates. Things are flattened out, so all these things are kind of in this more neutral zone. And although June CPI will be the trough, there's a strong likelihood it goes back to say the fore is in the second half.
Play episode from 03:10
Transcript
