Key Inflation Data Hits Today: Market Braces For Swings

Today’s macro calendar is heavy on inflation prints that could swing bonds, the dollar, and risk assets. Main events to watch today Core CPI is expected at +0.2% month-over-month and 2.5% year-over-year. Headline CPI is forecast at +0.6% m/m and 3.6% y/y. Any meaningful surprise in either direction is likely to trigger sharp moves across markets. Several Fed speakers (Bowman, Barkin, and Goolsbee) are also on the schedule, along with the latest Beige Book. Their comments on inflation and the rate path will add extra layers of interpretation once the numbers are out.

Source: DailyCoin