Reported about 17 hours ago
Bank of America analysts warn that the recent strong jobs report increases the pressure on upcoming inflation data. They predict that if the September Consumer Price Index surprises to the upside, it could lead to significant market volatility, given the heightened expectations for a notable market reaction. While economists anticipate inflation may have cooled slightly, any unexpected surge could shift the Federal Reserve's focus back to inflation, influencing its future monetary policy.
Source: YAHOO