CPI inflation in the US continues to decelerate, right in line with expectations. We discuss the market implications and guess where inflation could be later this year. Canadian Bank CEO's send out a warning to regulators over vulnerable borrowers. The Fed says rising house prices created a wealth effect that boosted inflation. Meanwhile, another central banker says it's not their job to fight climate change.

Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOUR

See omnystudio.com/listener for privacy information.

Stephen A's Take: Witness testified in trial that Diddy paid $100K to retrieve Cassie's hotel beating tape.