CPI Data Pushes against the Fed’s Rate Cut Narrative | March 12, 2024 – Morning Market Briefing

Ben, Tom, and Andrew discuss earnings from ORCL, Kohl’s, and ADM, a slight drop in the NFIB Small Business Optimism survey, Apollo’s stance that the Fed will not cut rates this year, the general public’s anchoring to 0% interest rates, and CPI data that comes in hot once again. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure