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Wall Street traders are rolling out their scenario analysis for how markets could react to the US inflation report today, predicting stocks could move 2% either way on a surprise number.
Both JPMorgan Chase & Co and Goldman Sachs Group Inc. trading desks see stocks falling some 2% if the consumer price index tops 0.4% in March on a monthly basis. However, both banks say they view any hit to the market as temporary.
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