Wall Street expects another volatile day for US stocks if Wednesday's CPI data shows any deviation.

On January 15th, Jin10 Data reported that Wall Street investment banks predict that if the inflation data announced by the United States on Wednesday is not satisfactory, the stock market will face another setback. According to a survey by institutions, forecasters expect that the December CPI will show a strong rise for the fifth consecutive month, and the core CPI will pump 0.3% in December. According to JPMorgan Chase and Goldman Sachs, if the data exceeds this level, the stock market will fall by about 1% to 2%, and if the data is weak, it may trigger a similar rebound. Goldman Sachs strategist Dom Wilson wrote in a report, ‘The US stock market may now need a clear easing of hawkish policies to continue to rise.’ JPMorgan Chase’s market intelligence team pointed out that Wednesday’s inflation data is a ‘key data point,’ and the Fluctuation index VIX is at its highest level since the announcement of the October CPI. The team said, ‘Moderate data may reignite a rebound, while a strong earning season may boost the upward trend. Strong data may raise the 10-year Treasury yield to 5%, increase the Fluctuation of all asset classes, and continue to put pressure on the stock market.’