Reported about 9 hours ago
The US stock market faces potential volatility as a high inflation report could derail the S&P 500's recent rally. According to JPMorgan, if consumer prices rise by 0.4% or more in January, the index might see a 2% decline. This comes amid concerns over tariffs and uncertain AI impacts, with expectations that the Federal Reserve may need to raise interest rates rather than cut them. While some analysts are optimistic about US economic growth, any unexpected inflation spike could challenge their views.
Source: YAHOO