Calendar releases news today🔥🔥🔥
On June 12, both the financial and economic markets are eagerly awaiting two important events. That is the release of the Consumer Price Index (CPI) at 7:30 pm and information about June interest rates will be revealed at 1:00 am. Experts have analyzed and predicted that the US Federal Reserve (Fed) will continue to maintain stable interest rates this month and may start reducing interest rates from September 2024. This makes information about CPI extremely important. The results of the CPI will provide valuable data to help investors and banks Sentral evaluate the impact of inflation on the economy. If CPI increases higher than expected, there may be pressure to raise interest rates sooner to curb inflation. On the contrary, if CPI remains stable or even decreases, the Fed may consider maintaining the current interest rate policy or even lowering it further to support economic recovery. This causes attention and concern about the direction of monetary policy in the coming time and, especially importantly, the impact of CPI becomes great.
