HomeMarketsU.S. EconomyCPI Below Surface 'Tells the Story' on Tariffs, FOMC 'Wait and See' Approach

CPI Below Surface 'Tells the Story' on Tariffs, FOMC 'Wait and See' Approach

Charles Schwab's Cooper Howard looks "under the hood" of the latest CPI print that show tariff impacts investors may have missed. He adds that it complicates the long-term outlook for the Fed, which remains in a "wait and see" approach until the tariff picture clears. Cooper believes the odds of a September rate cut will be lower after today's developments.

Market On Close

15 Jul 2025

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