Econ Recon, EV Speedbump 5/15/24
The market just received the cooler data it was waiting for, as CPI dropped slightly in April to its lowest reading since 2021. We’ll discuss what it means for stocks and the Fed’s next move. Plus, the White House’s EV tariffs were meant to protect America’s auto industry. But in doing so, it may have hurt progress toward an all-electric vehicle market. We’ll explore.