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Bloomberg International Economics and Policy Correspondent Michael McKee discusses news that wholesale inflation stagnated in February thanks to a sharp decline in trade margins, though one measure of goods prices jumped and details were also less favorable for the Federal Reserve’s preferred inflation gauge.
The producer price index was unchanged from a month earlier following a revised 0.6% increase in January, according to a Bureau of Labor Statistics report released Thursday. Excluding food and energy, the PPI declined for the first time since July.
Brian Vendig, CIO at MJP Wealth Advisors, explains how to take advantage of the market correction. Bloomberg News US Semiconductor & Networking Reporter Ian King discusses Intel naming chip industry veteran Lip-Bu Ta as new CEO. Andrew Durgee, Co-CEO of Republic, talks about attending the White House Digital Assets Summit and what President Trump’s creation of a US Crypto Strategic Reserve could mean for the crypto market. And Drive to the Close with Lyle Fitterer, Co-Lead Municipal Sector & Senior Portfolio Manager at Baird Funds.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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