This week, the US economic data will be released consecutively, and strategists expect it to ultimately provide support for the market

区块律动BlockBeats
区块律动BlockBeats|Feb 11, 2025 09:25
BlockBeats News: On February 11th, a large amount of US economic data was released this week. The January CPI, which will be released on Wednesday, will indicate whether the Federal Reserve is approaching its goal of lowering the US inflation rate to an annualized 2%. The January PPI data, which measures wholesale prices, will be released on Thursday, along with the weekly initial jobless claims on the same day, while retail sales data will be released on Friday. Sam Stovall, Chief Investment Strategist at independent research provider CFRA Research, said, "The impact of tariffs can only be seen in future inflation data. If tariffs disrupt supply chains and exacerbate inflation after a period of time, I believe investors will feel worried. However, for now, especially Wednesday's CPI and Thursday's PPI data are expected to show a year-on-year decline in both overall and core data, which will ultimately provide support for the market to continue rising
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