Analysts predict a 0.2% month-over-month increase for CPI, possible rate cut after.

From Investing.com: 2024-09-09 02:45:00

This week is all about price reports, starting with the CPI report on Wednesday, PPI report on Thursday, and retail prices on Friday. Analysts predict a 0.2% month-over-month increase for both headline and core CPI. Current market expectations for headline CPI are 0.1% month-over-month and 2.5% year-over-year. A rate cut at the FOMC meeting on September 18 seems likely, with a possible 25 or 50 bps cut depending on CPI results. A weak CPI report could strengthen the yen and impact the market, especially semiconductor stocks like Nvidia. Source: https://mottcapitalmanagement.com/a-cpi-miss-would-be-bad-news-for-stocks/



Read more at Investing.com: Stocks Week Ahead: CPI to Get Final Say on the Size of Rate Cut