"Traders Brace for Impact: Analyzing Tuesday's US CPI Report and Its Potential Market Effects"
The upcoming US consumer price index (CPI) report on Tuesday will be crucial for the Federal Reserve and the market's reaction. Economists expect the core CPI to potentially give back some of its January gains, with estimates ranging from 3.6% to 3.9% year-on-year. The market will closely watch evolving shelter metrics and the impact of factors like rent and owners' equivalent rent on the CPI. Additionally, attention will be on underlying trends in services inflation, including healthcare, pharmaceuticals, restaurants, food, and travel prices.
