Today, the U.S. Consumer Price Index for July will be published, which may influence the decision on interest rate cuts in September 📊
In just 15 minutes, the data for the U.S. Consumer Price Index (CPI) for July will be released.
The market expects a moderate recovery in core inflation, while there is currently a standoff between 'hawks' and 'doves' in the Federal Reserve.
If the data confirms the impact of tariff transfers and economic uncertainty, the Fed may take a more cautious stance regarding rate cuts.
I remind you, the higher the inflation, the lower the chances of an interest rate cut in September.
