close video Stagnant inflation marks a ‘historically good’ time to invest in equities, analyst says

Laffer Tengler Investments CEO and CIO Nancy Tengler explains why she’s recommending investing in equities over bonds for the long term.

The Labor Department on Thursday said that the consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, fell 0.1% in June from the previous month. Prices remain up 3% from the same time last year. 

Both of those figures are lower than the 0.1% monthly increase and 3.1% headline gain forecast by LSEG economists.

This is a developing story. Please check back for updates.