Closely watched CPI report could decide market's direction, says CIO


STORY: Wednesday’s consumer price index or CPI report could move markets more than usual, given how close investors are to ruling out any rate cuts this year.

“I think that the CPI numbers is the one markets are going to have kind of the tightest chokehold on as far as making a decision on, you know, where to go from now, because really that’s the other side of the coin with what the Fed might do,” says Coons.



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