US CPI Inflation Expected Spike
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•US CPI Expected To Spike, Will It Impact Fed's Rate Cut Decision?
70% Informative
US Consumer Price Index (CPI) inflation is expected to rise 0.2% in July , up from -0.1% in June .
This has fueled discussions about whether it will hinder the US Federal Reserve’s rate cut plans at their upcoming meeting.
The global financial market, including the crypto sector, is eagerly waiting for the upcoming US CPI inflation data next week .
The data will provide cues on the current inflationary pressures, which in turn could impact the Fed 's decision.
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