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.

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