The Atlanta Fed's sticky wage tracker does show some progress in that area. One reason we saw a big drop in the year over year numbers for CPI is because energy prices have fallen so much. We're getting down into the range between two and three percent, which is going to be much harder to bring down.
Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Editor Molly Smith discuss today's CPI data and the Fed's next move. Bloomberg News Senior Finance Reporter Sri Natarajan explains why Goldman Sachs is breaking with its long-standing convention and have been actively downplaying expectations for earnings results that will be disclosed next week. Sean O’Hara, President at Pacer ETFs, talks about the companies that make Amazon Prime Prime Day possible. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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