According to TechFlow, an American financial website, analyst Adam Button stated that the Consumer Price Index (CPI) report will be released tomorrow. This is a strong signal that the data may be below expectations, and U.S. stock index futures have risen as a result. If the CPI results are below expectations—especially if they are significantly lower than expected—the likelihood of the Federal Reserve cutting interest rates by 50 basis points will increase. The month-on-month decline in the Producer Price Index (PPI), excluding food and energy, has reached the largest drop in the past 10 years.
Analyst Comments on U.S. August PPI: Tomorrow's CPI Data May Also Be Weaker Than Expected
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