Recently, the financial market has once again fallen into a downtrend. Whether this trend is merely a normal fluctuation or indicates a correction after the market has peaked remains inconclusive. However, it can be speculated that this is closely related to the market's expectations of a potential rebound in the upcoming CPI data. Investors seem to still have a fresh memory of the impact caused by the recent downward revision of non-farm employment data, and therefore choose to take defensive measures in advance.

Current market consensus predicts that the inflation level will rise compared to last month. If the actual data aligns with expectations, whether slightly higher or slightly lower, its impact may not be significant. However, the market is more concerned about whether the acting deputy director, following the dismissal of the Bureau of Labor Statistics director, will introduce unexpected variables.

According to mainstream expectations, the core CPI monthly rate may reach 0.3%, with the annual rate between 3.0% and 3.1%; while the overall CPI monthly rate could be 0.2%, with the annual rate around 2.7% to 2.8%. These four indicators all show a relative rebound trend compared to last month. Therefore, tonight's data release will become a game of chance: slightly below expectations or previous values may be seen as positive news, while slightly higher may be interpreted as negative signals. If the data deviates significantly from expectations, the market reaction may be more intense. However, compared to the previous non-farm payroll data, the likelihood of this CPI data causing a significant impact is relatively low.

In this situation, investors need to remain vigilant and closely monitor the release of CPI data and its immediate impact on the market. At the same time, potential responses from policymakers must also be considered, as inflation data is often one of the key indicators that determine the direction of monetary policy. Regardless, in the current uncertain economic environment, flexibly adjusting investment strategies and diversifying risks will become important means to cope with market volatility.