Producer Prices Stall While Details Suggest Firmer Fed Gauge

<p>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br />Bloomberg International Economics and Policy Correspondent Michael McKee discusses news that wholesale inflation stagnated in February thanks to a sharp decline in trade margins, though one measure of goods prices jumped and details were also less favorable for the Federal Reserve&rsquo;s preferred inflation gauge.<br />The producer price index was unchanged from a month earlier following a revised 0.6% increase in January, according to a Bureau of Labor Statistics report released Thursday. Excluding food and energy, the PPI declined for the first time since July. <br />Brian Vendig, CIO at MJP Wealth Advisors, explains how to take advantage of the market correction. Bloomberg News US Semiconductor &amp; Networking Reporter Ian King discusses Intel naming chip industry veteran Lip-Bu Ta as new CEO. Andrew Durgee, Co-CEO of Republic, talks about attending the White House Digital Assets Summit and what President Trump&rsquo;s creation of a US Crypto Strategic Reserve could mean for the crypto market. And Drive to the Close with Lyle Fitterer, Co-Lead Municipal Sector &amp; Senior Portfolio Manager at Baird Funds. <br />Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. </p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>