"We're Feeling Inflation Everywhere:" Why CPI Ignited Selloff, Ups Rate Hike Chances
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September CPI coming in hot spooked markets Wednesday and ignited a selloff as inflation fears grip investors. Brian Jacobsen discusses how the print will shape the Fed's interest rate cycle as inflation concerns stay top of mind for U.S. consumers. Scott Nations notes that the 3.7% increase in year-over-year inflation is nearly double the Fed's goal as rising crude oil prices hit Americans at the gas tank. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse Watch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-network Watch on DistroTV - https://www.distro.tv/live
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