WS #13939
July CPI at 3.4% YoY as expected; market now prices 42% chance of September hike, supporting equities and pressuring yields. Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable non-market event with potential media/entertainment implications.
US CPI in line, Fed hike odds drop
July CPI at 3.4% YoY as expected; market now prices 42% chance of September hike, supporting equities and pressuring yields.
Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable non-market event with potential media/entertainment implications.