CPI Snapshot: Modest Rise, Market Resilience in Focus
TL;DR Summary
Investors expect the upcoming CPI report to show a modest inflation uptick led by food and shelter, with autos and memory chips still under price pressure. After a rally driven by small-caps and the Dow, sentiment remains largely bullish as CPI detail is awaited. A small rise should keep the rally intact, while a larger-than-expected drop could spurFed rate-cut expectations and push the S&P 500 higher, potentially beyond 7,000.
- 5 Considerations In The Upcoming CPI Report (NYSEARCA:SPY) Seeking Alpha
- Inflation holds steady in December as White House ramps affordability push Axios
- CPI report shows inflation rose at a 2.7% annual pace in December, in line with forecasts CBS News
- Treasuries Jump as Softer Inflation Backs Bets on a June Fed Cut Bloomberg.com
- Consumer prices likely stayed elevated in December as data recovers from shutdown The Detroit News
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