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Most important inflation report in a decade could be a dud

From cnbc.com

Inflation has been scaring the markets, and investors have been bracing for a CPI report Wednesday that could send interest rates flying and stocks diving. But some market pros say there may be just too much hype about this number, even though some concede the audience for this particular January consumer inflation report is probably the most attentive since the Fed was last in a rate-hiking cycle more than a decade ago. Economists are expecting January core inflation, excluding food and energy, at 0.2 percent or 1.7 percent year over year, a slower pace than December. Stock investors fear a hotter inflation number ... (full story)

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  • Category: Fundamental Analysis