Jefferies says the April CPI report places 75 basis points for Fed rate hikes in the next few meetings.

As investors continue to digest Wednesday’s April CPI report, Jefferies, one of the more than two dozen primary traders that trade directly with the New York Fed, comes out with a relatively bold conclusion. A couple of company economists say the CPI for April “shows no evidence that inflation has really ‘peaked’. They focus on …

Jefferies says the April CPI report places 75 basis points for Fed rate hikes in the next few meetings. Read More »