MRKT Matrix

Latest CPI Report Spurs Bet On Rate Cuts

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MRKT Matrix - Tuesday, August 12th

  • S&P 500 hits new record as CPI report gives Fed green light to cut rates (CNBC)
  • Inflation Held Steady at 2.7% in July (WSJ)
  • The Era of Big Raises for Low-Paid Workers Is Over (WSJ)
  • Trump to Nominate Bureau of Labor Statistics Critic to Lead Agency (WSJ)
  • Perplexity Makes Longshot $34.5 Billion Offer for Chrome (WSJ)
  • Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations (CNBC)
  • China Urges Firms to Avoid Nvidia H20 Chips After Trump Ends Ban (Bloomberg)

    • --

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    MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets


    Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs


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