April CPI data will be crucial in determining the timing of rate cuts.
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- The Wednesday release of the April CPI report has the potential to shake up the stock market.
- A cool inflation report would bode well for interest rate cuts from the Fed and vice versa if it's hotter than expected.
- JPMorgan laid out six scenarios for April CPI and how the stock market could react to each.
JPMorgan's trading desk has a...