Jim Cramer explains why the December CPI number is a ‘big deal’

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Jim Cramer explains why the December CPI number is a ‘big deal’
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'Unless inflation's coming down in all the right places, this earnings season could be very rough,' he said.

CNBC’s Jim Cramer on Wednesday broke down the significance of the December consumer price index report for investors.

CNBC's Jim Cramer on Wednesday broke down the significance of the December consumer price index report for investors. Stocks rose on Wednesday as investors grew more confident that the Federal Reserve's interest rate hikes are succeeding in tamping down inflation.

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