Power Lunch
Power Lunch
CNBC
The Fed Minutes, Commodity Chaos and Retail Deflation. 7/6/22
43 minutes Posted Jul 6, 2022 at 7:37 pm.
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The Fed released the minutes of its last meeting reaffirming its commitment to bringing down inflation. Fed members said the July meeting would likely see another 50-75 basis point move. Plus, a breakdown of the chaos in the commodity sector. And, why the retail industry is seeing deflation as others see inflation.