June CPI data sparks market reversal, easing Fed rate hike concerns as banks report earnings
Mendon Capital Advisors President and CIO Anton Schutz joins ‘Mornings with Maria’ to break down big bank earnings, the IBM sell-off and Federal Reserve policy.
Holdings are subject to change at any time. Click here for top 10 holdings of the Fund. All investments involve risk, and principal loss is possible.
Consumer Pricing Index (CPI) – The Consumer Price Index (CPI) measures the average change over time in the prices paid by households for a basket of goods and services, serving as a key indicator of inflation and cost of living.
Federal Funds Rate – The federal funds rate is the interest rate at which U.S. banks lend reserve balances to each other overnight, serving as a key benchmark for monetary policy and influencing borrowing and saving across the economy.
