Inflation data will be in focus this week, with investors set to receive the Bureau of Labor Statistics’ (BLS) latest Consumer Price Index (CPI) as the Federal Reserve’s next monetary policy moves remain in focus. Quarterly earnings season also ramps up as some of the big banks report results.
Market participants are bracing for another historically hot reading on inflation in the latest CPI data, due out on Wednesday. On a year-over-year basis, consumer prices likely surged by 7.1% in…
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