Pricing power 'melted away' as consumers became more sensitive
03/22/2024 04:56
Markets are seemingly rejoicing after the Federal Reserve motioned to hold interest rates on Wednesday. Could future inflation readings bring the stock market to sing a different tune in the coming months? MacroPolicy Perspectives Founder and President Julia Coronado joins Yahoo Finance Live to comment on the trajectory of future inflation data. "One of the key changes in the landscape over the last year that has facilitated inflation taking a pretty big step down is that consumers are price sensitive again. So we have to be careful about translating change in input costs for producers into costs for consumers," Coronado says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Markets are seemingly rejoicing after the Federal Reserve motioned to hold interest rates on Wednesday. Could future inflation readings bring the stock market to sing a different tune in the coming months?
MacroPolicy Perspectives Founder and President Julia Coronado joins Yahoo Finance Live to comment on the trajectory of future inflation data.
"One of the key changes in the landscape over the last year that has facilitated inflation taking a pretty big step down is that consumers are price sensitive again. So we have to be careful about translating change in input costs for producers into costs for consumers," Coronado says.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.