Reported about 17 hours ago
This week, investors are eyeing two significant inflation reports as fears of prolonged high interest rates weigh on the stock market. Following a robust December jobs report, major indices fell approximately 1%, with attention now turning to wholesale inflation data and the Consumer Price Index (CPI) due this week. Economists anticipate CPI to rise to 2.9% annually, potentially impacting Federal Reserve rate discussions. Additionally, upcoming earnings from major financial firms could influence market sentiment.
Source: YAHOO