#CPI_DATA The US CPI report for July is expected to show:
Monthly Increase*: 0.2% rise in inflation
year-over-Year Rise: 2.8% increase
Core Inflation
Monthly Increase 0.3% rise (excluding energy)
Year-over-Year Rise 3.0% increase
These expectations are based on market predictions, and the actual report may differ. The CPI report is crucial as it could influence the Federal Reserve's decision on interest rates, especially with job growth slowing down. If inflation rises or remains steady, the Fed might delay rate cuts, while a decline could lead to more pressure for rate reductions.
here is a red envelope with love for you. 🌹
put CPI in comment box and get rewarded.
$ETH