According to Deep Tide TechFlow, Rainer Guntermann, a researcher at Deutsche Bank, stated that the U.S. inflation data will confirm the Federal Reserve's wait-and-see attitude. This data will strengthen the Federal Reserve's position ahead of next week's policy decision.
According to LSEG data, the money market has fully priced in the Federal Reserve's decision to keep interest rates unchanged on June 18 and expects a probability of over 50% for a rate cut in September.