US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balance

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.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.