CNBC Squawk July 3, 2024
Call as to whether the u. S. Gets a recession, but he is still expecting one, predicting that we could get rate cuts before the end of next year if the economy slows. Joining us now is nathan sheets. Good to have you. Weve had a day or so to slice and dice cpi. A lot of discussion about shelter away from home and so forth. How does it feed the fed i guess communication over the next few weeks . Yeah, i think bottom line on this cpi report is that it was a reminder to jay powell and his colleagues, yes, they made some progress on inflation, the road back to 2 will be long and challenging. And t...