U.S. CPI cools across the board, rate cut in September more likely
Bitget2024/07/11 13:53
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Robert Pavlik, Senior Portfolio Manager at Dakota Wealth, says that the U.S. CPI has cooled across the board, which speaks directly to the likelihood of a rate cut in September. He believes it also calls into question the likelihood of a rate cut in July, even though it's a fairly remote possibility. The market would really be counting on a rate cut in September.
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