US #CPIREPORT Today -
The US CPI data drops today at 8:30 AM ET — right before markets open.
Expected: 2.8% (chance it's 2.8% or lower)
Impact
-≤2.8% → Likely market rally (lower
inflation = Fed rate cut confidence)
1
≥2.9% → Short-term dip (volatility likely)
Big Picture: Weak job data (only 73K jobs added in July, unemployment at 4.2%) makes a September Fed rate cut highly probable, regardless of CPI.
Bottom line: CPI at or below 2.8% could fuel a pre-cut market boost.
For interasted news follow me ❤️