The U.S. stocks have gone up—now people are looking at the two data releases scheduled for this week. One is the Consumer Price Index (CPI) and the other is the Producer Price Index (PPI). These two reports are quite important; they can affect rate expectations and the stock market. Right now, the market seems quite torn. On the one hand, the economy looks fine—jobs are doing well and corporate earnings are also strong. But on the other hand, prices are still pretty high, and the Federal Reserve’s policy is hard to read. The key is inflation: if it cools down, everyone can relax; but if prices start rising again, rates may have to stay higher for longer. Recently, U.S. stocks have been rallying strongly—technology stocks especially have been performing exceptionally well. The S&P 500 and the Nasdaq, for example, have all hit new highs. But after the frenzy, it’s time to see what these two reports say. We’ll know more by Wednesday. U.S. stocks Economic data Inflation
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