Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflation

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Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflation
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Stocks fell on Monday ahead of the release of producer price index and consumer price index data later this week.

CNBC's Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down.

CNBC's Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down. Stocks fell on Monday ahead of the release of producer price index and consumer price index data later this week, which will shed more light on the state of inflation. The Nasdaq Composite's losses for the year are more than 32% after Monday's slide, while the S&P 500 is down by more than 24% so far this year.

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