Economic calendar: GDP, inflation data on tap this morning

This morning's economic calendar features the release of GDP and inflation data, according to MarketWatch's preview of the day's scheduled reports. Inflation prints such as CPI feed directly into rate expectations, so a hotter-than-expected reading typically lifts front-end Treasury yields and widens the rate differential that supports the dollar, while a cooler reading tends to pull yields lower and ease pressure on long-duration equities. GDP data shapes the growth side of that equation, and a surprise in either direction can shift the balance between recession-risk pricing and inflation-persistence pricing, with rate-sensitive sectors and growth-oriented equities typically the most exposed. Traders will be watching the gap between consensus forecasts and the actual CPI print, along with any revisions to prior GDP readings, as the key signals for repricing Fed policy expectations over the coming sessions.

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