This morning’s Consumer Price Index report showed a higher-than-expected 3% inflation rate. 📈 With earlier talks of tariffs, inflation could climb even higher, potentially cutting corporate earnings by 1-2%. However, there’s still a lot of uncertainty.
Brooke doesn’t believe a Fed rate hike is the next move, but the Fed is still waiting to see how tariffs will play out.
Brooke’s expectations are that tariffs won’t be as far-reaching as stated. Watch her Bloomberg interview from this morning to hear more insights! 👇