CPI data outlook: Will US inflation rebound in September?
Last week's non-farm data was unexpected, reflecting the complexity of the current economic situation. At present, the exchange rate of RMB to the US dollar is 7.06, showing some pressure.
The United States does not seem to intend to cut interest rates quickly. If funds flow into the US dollar quickly, the exchange rate may break through 7, and the RMB may appreciate rapidly.
In summary, inflation may exceed expectations, but it is less likely to be lower than expected. The United States does not want to see funds flow out of the market quickly.
