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[This Week, A Series Of US Economic Data Releases Are Scheduled, With Strategists Expecting Them To Ultimately Provide Support For The Market.] February 11Th, This Week Saw A Large Amount Of U.S. Economic Data Released. The January CPI, To Be Released On Wednesday, Will Show Whether The Federal Reserve Is Getting Closer To Its Target Of Reducing The U.S. Inflation Rate To An Annualized 2%. The January PPI Data, Which Measures Wholesale Prices, Will Be Released On Thursday, Along With The Weekly Initial Jobless Claims, While Retail Sales Data Will Be Published On Friday.Sam Stovall, Chief Investment Strategist At Independent Research Provider Cfra Research, Stated, "The Impact Of Tariffs Will Only Show Up In Future Inflation Data. If Tariffs Disrupt The Supply Chain After A Period Of Time And Lead To Intensified Inflation, Then I Believe Investors Will Become Worried. But For Now, Especially With Wednesday'S CPI And Thursday'S PPI Data Expected To Show Year-Over-Year Declines In Both Overall And Core Figures, This Will Ultimately Provide Support For The Market To Continue Its Climb."
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