Economic TimesLean R·
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.
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