US CPI Eases, Bank Earnings

Alison Williams, a Senior Analyst at Bloomberg Intelligence focusing on global banks, and Lauren Saidel-Baker, an Economist at ITR Economics, join the discussion. They delve into the recent easing of the Consumer Price Index (CPI) and its implications for bank earnings. A strong performance from major banks like JP Morgan and Citigroup is highlighted, alongside an analysis of inflation trends and the rising costs of housing. The experts also explore the relationship between labor market dynamics and the potential impact of tariffs on overall economic conditions.