AUGUST CPI WILL BE THE MOST CRUCIAL DATA FOR STOCK-MARKET INVESTORS THIS WEEK. HERE’S WHAT TO WATCH
✍️ Investors await the August consumer-price index report, which may impact the Federal Reserve's decision on interest-rate cuts. The report is expected to show a slight increase in inflation, but the focus is on the core services category, which could surprise investors.
👉 The August consumer-price index report is expected to show a slight increase in inflation
👉 The core services category is a key focus, with a strong reading potentially leading to a larger rate cut next week
👉 Investors are positioning for a rate cut, but there are concerns about the labor market and the potential for rising inflation
👉 Economists expect a 2.9% annual headline CPI rate for August, with a range of 3.1% to 3.4% expected through next July
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