Inflation report could rattle markets after bond yields climb

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump’s policy plans. After back-to-back standout years, the stock market has wobbled out of the gate in 2025, with the benchmark S&P 500 down about 1% so far this year.

IMF will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook, IMF Managing director said. With inflation moving closer to the Fed’s target, and data showing a stable labor market, the Fed could afford to wait for more data before undertaking further interest rate cuts.