US July CPI to Be Released Tonight, May Influence September Rate Cut Decision
According to ChainCatcher, citing Jinshi News, at 8:30 PM tonight (GMT+8), the US July CPI data will be released, drawing significant attention. The market expects core inflation to rebound moderately, while a “hawk-dove standoff” is currently unfolding within the Federal Reserve. If the data confirms the effects of tariff transmission and economic uncertainty, the Fed may adopt a more cautious approach to rate cuts. Market volatility may occur at that time, so please stay tuned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US short-term interest rate futures decline as traders bet on Fed rate cuts
US July CPI up 2.7% year-on-year, 0.2% month-on-month
SEC crypto initiative aims to bridge traditional and modern financial systems
Trending news
MoreCrypto prices
More
