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Markets look to upcoming inflation data for next Fed decision
The focus is on two inflation reports arriving within two days as consumer and wholesale price pressures are seen rising again.
MarketWatch says the Federal Reserve’s next rate move may hinge on what two upcoming inflation reports show over the next two days.
The outlet points to renewed strength in both consumer and wholesale prices, framing the question as how much the data would need to deteriorate for the Fed to act.
With policy expectations tied to near-term inflation prints, investors are likely to use the reports to gauge the path of rates.