Reported 2 months ago
As Wall Street braces for a crucial consumer prices report that may influence the Federal Reserve's interest rate decisions, traders are preparing for significant market movements. The Cboe Volatility Index (VIX) indicates heightened volatility, and expectations for the S&P 500 are set at a 1.2% movement following the report. Recent swings in the market and high insurance costs against declines suggest a cautious outlook, with traders uncertain about the implications of the upcoming inflation data on the Fed's future policies.
Source: YAHOO