 7 Figure Trader Thoughts on Inflation. That is the number one metric that the Federal Reserve uses to determine the inflation. That's how they decide to raise or lower interest rates. At 8.30 a.m. market time, the CPI report is going to come out. If inflation comes in high, they have the opportunity to keep raising interest rates. If inflation comes in low, they might have the opportunity to reduce inflation. Now, the market is up like 20% this year, right? Obviously, we were fated 30% last year and stocks are rebounding. So I think whether the inflation report is good or bad, I think that's going to trigger some profit-taking, at least in the short term, for these stocks.