🚀 Exciting times ahead for the US economy! Rising CPI data is putting the spotlight on the Fed's upcoming rate cut decision. With a 0.2% increase in July, experts are debating whether this will influence the Fed's plan to cut rates in September.
💼 While some worry about inflation, many believe a modest rate cut could balance economic growth without triggering a surge in prices. Even Trump is chiming in, criticizing the current approach and promising different tactics if re-elected.
📈 Crypto markets are also reacting, adding another layer of intrigue. All eyes on the Fed's next move!