October’s consumer data showed a slight uptick in inflation, raising concerns about potential future inflation.
Yahoo Finance Senior Columnist Rick Newman tells Market Domination Overtime Co-hosts Julie Hyman and Josh Lipton that he’s focusing on bond market signals rather than just inflation numbers. Newman explains that these indicators suggest that inflation could rise under a Trump administration due to policies like tariffs and immigration restrictions.
While the Fed may cut rates again in December, Newman notes that further cuts could be limited as the market adjusts its expectations.
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This post was written by Cindy Mizaku.