Today’s CPI report is coming, and it’s a big deal before next month’s Fed meeting.
If inflation comes in at 2.8% or less, chances of a rate cut in September go up.
Right now, the odds are about 84%, but they can change quickly after the report.
I’m watching the main inflation number, core inflation, and how tariffs are affecting prices.
This report will guide the market for the next few weeks.
