The CPI data was just released. Here is the content of the release

On July 11, the annual rate of the US unadjusted CPI in June was 3%, expected to be 3.10%, and the previous value was 3.30%

The US CPI in June rose by 3% year-on-year, with an estimated increase of 3.1% and a previous value of 3.3%; the US CPI in June fell by 0.1% month-on-month, with an estimated increase of 0.1% and a previous value of 0%.

CPI data is positive

The number of initial jobless claims in the United States for the week ending July 6 was 222,000, with an expected increase of 236,000 and a previous value of 238,000

The positive CPI data started to move upward, reaching a high of around 59,700 and then began to pull back

It is expected that the night will still be dominated by sideways pullbacks

Does the positive CPI predict that a rate cut is just around the corner?

#美国6月CPI大幅降温 #美联储何时降息？