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Macro Update of the Day

14:30 – Consumer Price Index (#CPI - #Inflation US)
16:00 – Jerome #Powell testifies before the House of Representatives
16:30 – Weekly oil inventories

#CPI : The key data of the week, expected at 14:30!

Recap of Powell's speech yesterday:

Powell emphasized the Fed's independence despite pressure from Donald #Trump to cut rates. He reiterated that the central bank relies on data and won’t rush into rate reductions.

Reminder: Never trade a news event!

Stay sharp and trade safe!