What April's CPI data could mean for Fed rate cuts, plus opportunities for investors

All eyes are on April's Consumer Price Index (CPI) report, as it will reveal details about the current state of inflation among consumers. SEI (SEIC) CIO Jim Smigiel joins Market Domination to break down what investors should expect from Wednesday's CPI print and what it could signal for the Fed's next moves.
"We have three hot prints in a row, as most investors are aware, and the Fed is really running out of room here in order to deliver the cuts that I think most investors would love to see," Smigiel tells Josh Lipton and Julie Hyman. He anticipates April's numbers to be slightly weaker, adding that he's bearish on rates.
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[@invisiblesun6595]

CPI report may not cause Feds to raise rates (even though they should, even if by only 75bps). But I'm 110% certain it won't give them any cause to lower them either.

[@caliboy2498]

These CPI numbers are highly suspicious. Prices of everything from needle to plane r skyrocketing. In CA hard to get home insurance n auto insurance r up 50% to 80% without any tickets or claims

[@RickeyKasemeier]

The speed of Revux transactions is a game-changer.

[@billw7894]

Tell us how good the economy is joe 😂

[@lemontadams3029]

We are going to see commercial real estate go into problem mode. There are a lot of loans that need to be rolled over in 2024 and 25. A lot of these properties are down 80%... There is huge credit risk coming. The prediction of bank failures is accurate. We are going to see, over the next 12 to 24 months, banks go belly-up. Then, they will have to get merged with bigger banks.

[@jgnmtz]

Hopeful we see inflation at 2.5-2.7 and the fed looks to cut by September 15th, 2024

[@michaelc1063]

They will cut in December post election

[@2148aa]

.5% for the month. What are you smoking??? no pivot for 2 years. Clueless

[@rajgupta3802]

NO EXCUSE......RATES MUST GET CUT

[@invisiblesun6595]

No excuse necessary. Rates will be cut when inflation's at or lower than 2%