Morgan Stanley Investment Management's Jim Caron Talks Inflation, Fed Watch

An advance in oil prices sent stocks lower, fueling concerns about higher interest rates ahead of key inflation data. Money markets priced in an over 50% chance of a Federal Reserve rate increase this month, with the case for a hike hinging on government inflation data.

For more, Jim Caron, CIO of Cross Asset Solutions at Morgan Stanley Investment Management, speaks with Bloomberg's Paul Sweeney. 

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