Traders keep half an eye on CPI as jobs fear outweighs inflation

With inflation heading down toward the Fed’s target and the central bank getting ready to cut interest rates, the reading is less crucial for the stock market. Instead, it’s all about a weakening employment landscape and whether the central bank can avoid a hard landing.

 

Traders keep half an eye on CPI as jobs fear outweighs inflation https://t.co/BrwkP3uC6W via @YahooFinance

— Isaac (@watsnex101) September 9, 2024