PEAK INFLATION HERE! Real wages UP, gas prices DOWN

Mark Tepper explains that after June's positive CPI and PPI reports, the likelihood of the Fed raising rates by year-end has decreased from 1.7 hikes to 1.1.

Mark Tepper, a financial analyst, states on Fox Business Network that the Federal Reserve is unlikely to raise interest rates following positive June CPI and PPI reports. He highlights that real wage growth has turned positive for the first time in three months, increasing affordability for American households. Tepper believes inflation has peaked, indicating a positive outlook for the stock market.