IFM Investors: Upcoming CPI Data to Dictate Fed Policy Path
IFM Investors portfolio manager Ryan Weldon stated that following the August non-farm payroll report, market focus has shifted to next week's inflation data. The Fed may need to take action if inflation does not show a convincing decline, in order to maintain credibility after recent hawkish remarks.
Summaries are written by AI from the original article. Not investment advice.