CPI July – The "Door" Leading to the Fed's September Interest Rate Decision
On August 12, 202 19:30 local time in Vietnam, the U.S. will announce the Consumer Price Index (CPI) for July – one of the most anticipated economic data by global investors.
This CPI result will play a key role in guiding the monetary policy of the Federal Reserve (Fed) in the September meeting.
🔥All Long/Short positions need to be preserved before the news as there could be a strong sweep on both ends tonight