TechFlow news, on February 12, according to Jinshi Data, Baylee Wakefield, Multi-Asset Portfolio Manager at Aviva Investors, said: "Investors will be focusing on today's CPI data to see if it provides any clues about the Federal Reserve's future direction.
Chairman Powell's comments yesterday were very consistent with his previous statements, perhaps slightly more hawkish. I think the message we're getting is that the Fed is becoming more concerned about potential upside inflation risks in the near term."
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