High-impact CPI data drops today, Wednesday, at 8:30 am EST. Tomorrow, Thursday, brings Jobless Claims at 8:30 am EST and Fed’s Bowman at 11:00 am EST. In 2 days, Friday becomes the focal point with GDP and Core PCE at 8:30 am EST, plus Michigan Consumer Sentiment at 10:00 am EST. Traders are monitoring these prints for Fed easing clues amid social media debates on inflation persistence. Expect heavy volatility during the Friday morning data dump.
Prepare for sharp reversals if CPI or PCE deviates from consensus, as this will immediately reprice Fed rate odds. Focus on the USD and Treasury yields during Friday’s GDP release for trend confirmation. Maintain tight stops during the 8:30 am EST windows to manage slippage.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.