Jim Caron, CIO of portfolio solutions for Morgan Stanley Investment Management, says a hot CPI report on Wednesday could cause problems for the Federal Reserve. Caron says higher nominal growth is driving equity prices higher. He speaks on "Bloomberg Surveillance.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-10/a-hot-cpi-report-causes-problems-for-fed-caron-says-video)