[The US CPI is coming, can it "help" the Fed to cut interest rates? ]
The US June CPI data will be released at 20:30 Beijing time tonight. The market widely expects that the CPI will show a downward trend, which will bring a "good sign" to the market and provide strong "support" for the Fed's future interest rate cuts.
Let's wait and see tonight. If tonight's CPI is as expected, then the interest rate cut in September can be basically confirmed, with an expected rate of 3.1.