I'd like to make a bold guess that CPI is 0.3%. If it is 3⃣️, please be prepared for an increase. If it is around 0.34%, it is also okay, which is basically in line with market expectations.
At present, the biggest positives for the market are rising unemployment and falling inflation. Although the former has been achieved, the sharp increase in employment data has still caused the market to panic, and the inflation data has not fallen.
Then if the dot plot is the same as in March, it will be a big positive for the market. If the interest rate is cut twice, it is in line with expectations. If it is once, there may be no speculation expectations. As for not cutting interest rates this year, there is no need to fantasize, it is impossible.
In addition, at this time, Powell will probably choose to be dovish, which is his usual style. In addition, it is superstitious to talk about something. If the parliament falls before the parliament is red, it is time to pull the market.
Finally, if the CPI is 0.4%, you can prepare for the funeral, but the probability of it happening is very slim! Personal opinions are for reference only.
I won't say anything more. Get up and deliver food.
