‼️🚨Market Bets on Feds September Rate Cut Surge After #CPI_DATA 🚨‼️
Following the latest #US Consumer Price Index CPI release traders have ramped up expectations for a Federal Reserve interest rate cut in September with some also anticipating another reduction in December reports BlockBeats
The CPI news triggered a quick spike of over 10 in spot gold prices while the US Dollar Index #DXY dipped more than 30 points settling at 9825