Heavyweight report: CPI plus the Fed, the market may usher in a big change this week
The United States will release the latest CPI data, and the Fed will announce its June interest rate decision a few hours later. Last week's data showed that the US non-farm employment and wage data in May exceeded expectations, and the market's easing bets on the Fed's interest rate cut were suppressed, and the focus then quickly turned to this week's inflation data.
JPMorgan Chase warned that the market will fluctuate violently on Wednesday, and the CPI data may be reversed by Powell's statement at the press conference. Therefore, the market is on high alert.
Based on the previous two times, have you found some patterns?
Other people's panic will be our benefit. Grasp it...
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