JPMorgan predicts 70% probability of core CPI approaching expectations and S&P 500 rising

JPMorgan Chase stated that if the US core CPI approaches or falls below analyst expectations, the probability of the S&P 500 index rising is expected to be 70%. AI interpretation: The expected core CPI data is in line with market expectations, indicating that inflationary pressures have eased. This will enhance investors' confidence in the stock market, especially the S&P 500 index, due to its sensitivity to economic health. The market's expectations for future interest rate policies will also be positively affected, further driving the stock market up.