A Nervous Wall Street Focuses On Inflation
Following a wild week on Wall Street, the U.S. markets have stabilized. However, economists continue to warn of a possible recession, and investors, as well as everyday Americans, are still focused on inflation. All eyes will be on the July CPI and PPI reports this week to show whether it is cooling.
FOX Business correspondent Lydia Hu speaks with Mark Malek, the Chief Investment Officer at Siebert NXT, to discuss recession concerns, the key earning reports expected this week, and the impact the Fed’s expected interest rate cuts could have on the economy.