If the Consumer Price Index (CPI) comes in at 2.7% or 2.6% (lower than the 2.8% expectation), markets are predicted to push to new highs.
"If this inflation rate comes in lower than what was expected, expectation is 2.8. We're currently at 2.7. If we come in at 2.7 or 2.6, hey, that's good news. Markets can push up to new highs because then at that point, hey, labor market's slowing down. Federal Reserve's going to want to push that. inflation is coming down and therefore, you know, we're not actually seeing inflation work against or away from the 2% target."