All eyes on the US inflation! | MarketTalk | Swissquote
Market bulls have endless optimism this year, it is amazing. Whether it is funded or not, is yet to be seen.
Inflation could help answer that question today.
A few indicators point at a certain uptick in inflation in January figures, and the expectation is that the US headline CPI may have slowed to 6.2% in January, from 6.5% printed a month earlier, on a yearly basis.
A sufficiently soft, or ideally a softer-than-expected CPI read today should give an additional boost to the equity bulls while a stronger inflation read could easily bring the Fed hawks back to the...