US CPI Preview: Softer print to send stocks higher – JP Morgan

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

US CPI Preview: Softer print to send stocks higher – JP Morgan CPI UnitedStates Banks EconomicIndicator Inflation

“Investors are largely defensively positioned ... any evidence that the Federal Reserve’s inflation-fighting campaign is working will spark a rush to unwind bearish positions.”remains active with its tightening cycle.”

“A repricing of expectations for a pause in the tightening cycle at the Fed’s March meeting seems likely only if CPI prints below 4.5% to 5%.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD steadies around mid-1.2100s as market braces for softer US inflationGBP/USD steadies around mid-1.2100s as market braces for softer US inflation – by anilpanchal7 GBPUSD Inflation RiskAppetite CentralBanks Currencies
Source: FXStreetNews - 🏆 14. / 72 Read more »

Why Thursday’s U.S. CPI report might kill stock market's hope of inflation melting awayA mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited inflation reading which could well... AVYA $AVYA
Source: MarketWatch - 🏆 3. / 97 Read more »