On May 13, a report indicated that Tradingkey's forecast for the overall CPI in April would increase by 2.4% compared to the same period last year, similar to March. Among the four main components of the CPI, only food shows an upward trend, accounting for 13.7% of the total CPI. Therefore, the analysis suggests that inflation in April may be lower than market expectations. This could increase the likelihood that the Federal Reserve will cut interest rates in June. It is predicted that the U.S. stock market will rise after the data is released; meanwhile, the USD index and U.S. Treasury yields are likely to decrease. The content above is for informational purposes only and is not investment advice.
Source: https://tintucbitcoin.com/cpi-giam-ngoai-ky-vong-fed-co-the-cat-lai-suat/
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