Upcoming Inflation Data Could Impact Fed's Rate Cut Decision

The Federal Reserve's upcoming decision on whether to cut interest rates for a third time this year could be influenced by the Consumer Price Index and Producer Price Index reports due this week. If these reports indicate stronger-than-expected inflation, the Fed may delay the rate cut. Meanwhile, the stock market shows signs of unease, with narrow gains and stress in vulnerable industries. Additionally, major companies like Oracle, AutoZone, Adobe, Broadcom, and Costco are set to report earnings, which could further impact market volatility.