Part 3/8:
As the call shifted to financial trends, there was a clear discussion about the implications of recent Consumer Price Index (CPI) data. Notably, U.S. CPI had risen for three consecutive months, albeit at rates below analyst expectations. This sparked a debate among analysts on whether macroeconomic indicators or earnings season would play a more pivotal role in guiding market decisions going forward.
Risk appetite among investors appeared to be cautiously optimistic following these economic indicators. The debate focused heavily on potential future moves by the Federal Reserve as the market tries to anticipate its next steps amid varying inflation figures.