The 🇺🇸 CPI will be released soon.
It looks stablized. It wouldn't be burdened for the Fed to cut the interest rate next week. However, most people are worried about the odds of the CPI rising again.
Compared to the U.S. GDP(Gross Domestic Product), recently, M2 has been gradually increasing. Therefore, I'm not much worried about the CPI rising again.
7 days left until the next interest rate decision. According to CME FedWatch Tool, the possibility of the rate cut is around 86%. Many retail investors are expecting there won't be a rate cut. I don't think so. The recent unemployment rate is still above 4.0%. It's hard to avoid the rate cut.
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Great content, thank you so much
Great analysis @happycapital. Keep up the good work