JPMorgan Chase Prices in Tonight's CPI: Market Can Rally Peacefully as Long as It Doesn't Exceed 0.25%

August 12th, JPMorgan's trading desk has provided a new scenario analysis for tonight's CPI data, suggesting that if the core CPI data is between 0.15% and 0.20%, the S&P 500 index is expected to rise by around 0.5% to 1%; even within the 0.20% to 0.25% range, a rise of about 0.25% to 0.75% is still expected.

However, JPMorgan predicts that if the core CPI falls between 0.25% and 0.30%, the S&P 500 could potentially fall by around 0.5% to 1.25%.