'Squawk on the Street’ crew react to July's CPI report

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

#CNBC
#CNBCTV 

[Erikkurilla]

The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.

[Cos_Why_Not]

New rate hike is totally unnecessary, keep rates at the current rates until it there's more assurance inflation is dead. Cut rates maybe early-to-mid-2024 if data keeps being relatively good.

[re_detach]

​FLJ collapsing Chinese Real Estate imploding

[Muller_Andr]

inflation remains well above the Fed’s 2% target. Some of the top commentators in the markets, business and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

[Michael-kfgm]

Ugh, Jim Crane is so out of touch with reality.

[westleyanson]

👮‍♂️ “Sir…The Poor are Revolting!”
👑 “I KNOW! They ARE disgusting!!!”

😢😢😢😂😂😂

[chri]

Lol every month it's, "just one more "

[parkerpkthn]

Unions are going to get their fair share this year. Too many CEOs have rewarded shareholders at the cost of employees for way to long. And BTW, I don't love unions but I'm reading the tea leaves on this one (i.e. momentum)

[johndinglebery]

Fed should do one more? Why? Especially if they say it's their last. With downtrending employment numbers. In a hurry to get to rate cuts?

[gevans]

Think about the inflation when the UAW gets a defined benefit back, that would mean that they can’t be exploited into their 80’s.

Administrative capital will have no more pearls to clutch 😂

Oh the humanity !

[weirdshibainu]

Rents are a "sticky point"....Rents are insane and not going down.

[MS-mejv]

Just amazing to hear someone describe UAW finally(!!) getting a raise as "Bad". FOH

[nukm]

Kramer was basically incoherent in this; was he drunk?

[harborside]

Ha f'n ha. you guys are funny or you're crooks?

[Patrick-yhyd]

Nobody can afford Disneyworld. If you had money before COVID, you are doing good. The young are getting trashed.

[headspaceandtiming]

A “Glide”? Who are you kidding? We are in free fall.

[akeemwilliams]

Lol core is still over double the target the fed wants. 10 year treasury should have a 6 or 7 handle four is the floor. All the high rates are on the short end of curve bond market has it wrong again

[kevocundo]

Inflation goes back up and we celebrate it didnt go up as much as thought. Clown show.

[austinkunc]

Go U.A.W it’s time to get back what we lost in 2008!

[cashmonyz]

healthcare workers wages stagnant...still the same after 13 years while other workers wages increase