A brief analysis of the CPI data released tonight:
▶️ Continuously monitor the subsequent inflation data. If inflation continues to rise in July and August and does not come down, people may start to worry about inflation issues, and even the possibility of a rate cut in September may decrease.
▶️ This data also indicates that Powell's decision to maintain high interest rates is correct, and perhaps Trump will not exert as much pressure on Powell recently.
▶️ Looking at the CME's probability of a rate cut, it has slightly increased after the inflation data was released, and now the probability of a rate cut in September is at 61.6%.
Overall, this data is relatively stable, and the anxiety that everyone had previously has eased somewhat.#CPI数据来袭 $BTC $ETH