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
A newly created wallet withdrew 5,798 ETH worth $17.24 million from a CEX.
Economist: The Federal Reserve may keep interest rates unchanged for a longer period
95-year-old Buffett officially retires, steps down as CEO of Berkshire Hathaway
Trending news
MoreCrypto prices
More
