Wall Street expects another volatile day for US stocks if Wednesday's CPI data shows any deviation.
The inflation data released by the United States on Wednesday may bring Fluctuation to the stock market. Forecasters expect the December CPI to show a strong rise for the fifth consecutive month, with core CPI pumping 0.3% in December. If the data is higher than this level, the stock market may fall by 1% to 2%; if the data is weaker, a Rebound may occur. Goldman Sachs and JPMorgan expect that the U.S. stock market needs a clear easing of hawkish policies to sustain the rise.
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