The 🇺🇸 CPI for July was less than expected.

in H4LAB Research4 months ago (edited)

1000020394.jpg

Source: Investing.com

It's the first time when the U.S. CPI is less than 3.0% since 2021 March. I have not known it's difficult to maintain the CPI around 2%. Anyways, it's good for the financial markets. It won't be burderning the next interest rate decision.

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Source: FedWatch Tool

It seems the first interest rate cut is coming. The next decision is about 1 month left. I hope that the U.S. labor market is not getting much weakened for a while.

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