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Podcast: The Dividend Cafe
Episode: Wednesday - February 12, 2025
Description: Mid-Week Market Insights: CPI Report & Federal Reserve Review - Feb 12
In this episode of Dividend Cafe, recorded on February 12th, host Brian Szytel covers the day's market activities influenced by the latest Consumer Price Index (CPI) report. The Dow dropped 225 points, the S&P was down by a quarter of a percent, while the Nasdaq saw a minor gain. The CPI numbers showed a monthly increase of 0.5%, higher than the expected 0.3%, marking a yearly CPI of 3%. The core CPI excluding food and energy also surpassed expectations. Energy and food prices along with the shelter component significantly impacted...