🚨 Today, the Consumer Price Index (CPI) will be released on June 12 at 8:30 a.m. EST. 🚨 The market is experiencing high volatility.
Here are the key highlights of the May CPI expectations:
📊 Forecasts:
CPI: Expected to rise by 0.1% in May after a 0.3% increase in April.
Core CPI: Anticipated to rise by 0.3% in May, consistent with April's increase.
CPI Year-over-Year: Predicted to increase by 3.4% in May, matching April's rise.
Core CPI Year-over-Year: Forecast to rise by 3.5% in May, slightly lower than April's 3.6%.
⚠️ Trader Advisory:
Exercise caution in today's trading and after the CPI results are announced. The market's heightened volatility could lead to significant price fluctuations. Stay informed and manage your risks wisely. 📈💡
Additionally, keep an eye on how the market's reaction might impact other financial indicators you are monitoring. This is especially relevant if you're involved in industries sensitive to inflation data, such as those related to digital currencies or tech stocks.
