Behind the Markets Podcast · Friday, July 17, 2026
Consumer Price Index (CPI) and Producer Price Index (PPI) data came in lower than expected, according to Professor Jeremy Siegel. This development suggests that the Federal Reserve is unlikely to increase interest rates at its next meeting.
“Now, I mean, the great news. I mean, the CPI and PPI were well below expectations.”
“In terms of, uh, you know, how high would go, which is, you know, very, very good.”
“Um, you know, with a negative CPI print, um, you know, you're not gonna get any increase at the next meeting of, uh, of that.”