The CPI on August 12 will be key in determining whether the Federal Reserve will cut interest rates in September. The inability to control inflation has always been Powell's reason for holding back. This rebound is expected to continue until August 10 in the short term, after which the market will likely enter a wait-and-see risk-averse state, waiting for the data to be released. If the CPI is favorable, funds will truly dare to enter the market, and the market will be reignited 🔥

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