US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balance
By TodayTelugu Desk1 min read1 views
Investors are turning their focus to U.S. inflation data due this week, with the August CPI and PPI reports expected to influence expectations for a September Federal Reserve rate hike. Stronger-than-expected jobs data has lifted rate-hike bets, while rising Treasury yields and shifting monetary policy expectations could add volatility to equities.
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