From Yahoo Finance: 2024-04-09 22:31:42

The March CPI report could determine the timing of rate cuts in 2024. After two strong reports, inflation is expected to cool down. Markets are waiting for the release of the March consumer price index data, with consensus pointing to a 3.7% jump in core CPI year-over-year. Speculation about potential interest rate cuts is high, with Fed fund futures indicating a 50-50 chance of a June cut. Different scenarios could unfold based on the CPI report, including stock market reactions to in-line, very hot, or very cool CPI prints. Business Insider reported on the upcoming implications of the CPI data.



Read more at Yahoo Finance: The March inflation report is a make-or-break moment for the market’s rate-cut forecasts