Although the data weight of the New York Fed's 1-year inflat

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Although the data weight of the New York Fed's 1-year inflation expectations tonight is not high, it is also a reference for Wednesday's CPI data. Under the premise that the interest rate cut has been nominally determined in September, the effective reduction of inflation expectations is tantamount to icing on the cake. Especially under the expectation of a potential recession in the US economy, if the CPI data on Wednesday is the same as today's data, it will weaken the possibility of a recession again. Although a recession is terrible, what is more terrible is that the recession is accompanied by a rebound in high inflation. Musk's dialogue with Trump at 8 am tomorrow will become the focus. Whether it can bring much encouragement to the crypto market should be what everyone is looking forward to. I hope it won't just be a MEME wave! #BTC☀   #ETH🔥🔥🔥🔥  $BTC 

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Macroeconomic data minutes from August 12 to August 16: The key data CPI may cause concerns in the risk market!

Macroeconomic data minutes from August 12 to August 16: The key data CPI may cause concerns in the risk market!

Next week we will usher in a new round of key economic data week. The most important data this week is the CPI data, which is nominally used to measure the US inflation index.

But with expectations of a rate cut in September becoming more likely, the CPI data could cause more turbulence.

In the recent 10 trading days of fluctuations in the U.S. stock market, the S&P volatility reached an average of about 2%, which is the highest volatility since November 2022. Wall Street has already made certain expectations for the CPI. If the data changes significantly from expectations, it may trigger greater fluctuations in the U.S. stock market.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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