What Today’s Cooler CPI Report Actually Tells Us About the Fed

In the Media — July 15, 2026

NYSE

In this video from the New York Stock Exchange, Jim Bianco analyzes the cooler-than-expected June CPI inflation report and its implications for Federal Reserve policy.

Jim discusses how the cooler data likely pushes potential interest rate hikes off to September, explains how the Fed’s strategy is shifting under Kevin Warsh’s upcoming leadership changes, and shares his initial impressions of early bank earnings from JPMorgan Chase.