CPI Report Reaction: U.S. Inflation Sticky In February, Supports Fed Caution On Rate Cuts

U.S. consumer prices rose 3.2% in February, slightly higher than expectations. Tim Pagliara, the chairman and chief investment officer of CapWealth, joins “Forbes Newsroom” to discuss the data and its implications for consumers still reeling from 30%-plus price hikes that accompanied the coronavirus pandemic.