How CPI data could impact the Fed’s interest rate policy

US Futures (YM=F, ES=F, NQ=F) are climbing higher Tuesday morning, as investors anticipate key inflation data in the form of the Consumer Price Index (CPI) to give more clarity into how the Federal Reserve may make its next policy decision. The debate about how and when the Federal Reserve will cut rates continues as mixed messaging from Fed leadership casts doubts on forecasts.

Yahoo Finance Reporters Alexandra Canal and Josh Schafer join The Morning Brief to break down the potential market reactions to upcoming inflation data and take a deep dive into ongoing market trends.

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