CPI Report Expectations + Palantir Earnings

The January 2023 CPI report will be released Tuesday at 8:30am Eastern Time. The CPI report January 2023 is expected to show a 0.4% month over month increase, but a 0.3% year over year decrease from last month. With the mixed CPI report expectations, it’s very difficult to predict how the market will respond to the February CPI report data. But some CPI expectations from the Fed’s Nowcast show that CPI might come in much higher than expected.

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