CNBC’s Jim Cramer on Wednesday broke down the significance of the December consumer price index report for investors.
“តើអ្វីទៅដែលធ្វើឲ្យសន្ទស្សន៍តម្លៃទំនិញប្រើប្រាស់នៅថ្ងៃស្អែកក្លាយជារឿងធំ? សាមញ្ញ៖ យើងកំពុងសម្លឹងមើលថាតើយើងជិតដល់ចុងបញ្ចប់នៃរយៈពេលដែលក្រុមហ៊ុនអាចដំឡើងតម្លៃដោយនិទណ្ឌភាពឬអត់?»។
Cramer previously said that the Fed needs to crush companies’ pricing power in order to beat inflation.
The December consumer price index report is set to release Thursday. The index shows how the prices of goods and services changed in a given month. Economists polled by Dow Jones expect the December CPI report to show that prices dipped 0.1% from the month before.
Stocks rose on Wednesday as investors grew more confident that the Federal Reserve’s interest rate hikes are succeeding in tamping down inflation.
Cramer said that despite Wall Street’s newfound optimism, it’s possible the December CPI number could bring bad news for the economy — and for corporations set to report their quarterly results in the coming weeks.
“Unless inflation’s coming down in all the right places, this earnings season could be very rough,” he said.
Source: https://www.cnbc.com/2023/01/11/jim-cramer-explains-why-the-december-cpi-number-is-a-big-deal.html