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CPI UPDATES:

➡️ CPI This Month = 3.3%

Last month = 3.4%

Estimate = 3.4%

➡️ Core CPI This Month = 3.4%

Last month = 3.6%

Estimate = 3.5%

There are 5 hours left until the FED's interest rate announcement this month, likely to remain unchanged. But when the CPI rate decreases, it is likely that the economy has shown good signs, with 2 consecutive months of decline. Leading to predictions of the first interest rate cut in September 2024 to more than 60%

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