Surveillance: HSBC’s Kettner Sees Shock Potential in CPI Report
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HSBC's Kettner warns that the US inflation report has the potential to shock markets. The report on the US consumer price index (CPI) is an important milestone for the Federal Reserve's efforts to slow down inflation. The report is scheduled to be released tomorrow. Kettner believes that even a small indication of less-dovish data could spook the markets.
https://www.bloomberg.com/news/newsletters/2024-02-12/us-inflation-report-holds-the-potential-to-shock-markets-hsbc-s-kettner-says