Could US CPI be a game-changer for the Fed?

Market players gear up for the release of the United States March inflation data, which will very likely bring bad news for the Fed. Higher inflation due to the Oil shock, coupled with a rapidly slowing economy, could put the central bank in a tough spot. Fasten your seatbelts.  Market players gear up for the release of the… Market players gear up for the release of the United States March inflation data, which will very likely bring bad news for the Fed. Higher inflation due to the Oil shock, coupled with a rapidly slowing economy, could put the central bank in a tough spot. Fasten your seatbelts.  Market players gear up for the release of the United States March inflation data, which will very likely bring bad news for the Fed. Higher inflation due to the Oil shock, coupled with a rapidly slowing economy, could put the central bank in a tough spot. Fasten your seatbelts. The Consumer Price Index (CPI) is expected to have risen at an annual pace of 3.3%, much higher than the 2.4% posted… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.