Wednesday's U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI numbers surprise to the upside by a wide margin.
data – a crucial economic report closely tracked by market participants that could bring heightened volatility due to its significance for the Federal Reserve’s
Following Tuesday's elevated PPI results, there is a slight risk that the upcoming inflation figures could also disappoint, undermining confidence in the disinflationary trend that gained traction in late 2023 but seemed to have stalled this year. Consensus estimates suggest that headline CPI rose 0.4% on a seasonally adjusted basis last month, bringing the annual rate down slightly to 3.4% from 3.5%. Meanwhile, the core CPI is expected to have climbed by 0.3%, resulting in the 12-month reading easing to 3.6% from 3.8% in March.may be headed over the coming months? Explore all the insights available in our quarterly forecast.
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