Thursday’s inflation report could cast doubt on the market’s view of a big Fed rate cut

Thursday's inflation report could cast doubt on the market's view of a big Fed rate cut

Consumers shop at a retail chain in Rosemead, California on December 12, 2023. Frederic J. Brown | AFP | Getty Images Economists expect inflation to have picked up in December, a trend that could challenge the market’s eager expectation that the Federal Reserve will cut interest rates this year. The consumer price index, a widely … Read more