🔥🔥🔥 THE MARKET WAITS FOR CPI INFLATION DATA AND THE FED'S INTEREST RATE DECISION!!!

⏩ Last night, June 12, 2024, at 7:30 a.m., CPI inflation data will be published - extremely important information that affects the FED's interest rate policy in the near future. Currently, forecasts show inflation will decrease slightly month-on-month (MoM), but remain unchanged year-on-year (YoY).

⏩ Besides CPI inflation data, investors are also waiting for the results of the FED's interest rate meeting. It is expected that the FED will continue to keep interest rates unchanged at this meeting. However, the market's attention focuses on the Dot Plot, which shows whether the FED will maintain a hawkish or dovish stance, along with hints from FED Chairman, J. Powell, about the possibility of cutting interest rates. upcoming.

⏩ If CPI inflation increases, the Fed will likely keep interest rates higher for a longer period of time, meaning a hawkish stance. This could cause the market to decline.

⏩ On the contrary, if CPI inflation decreases slightly or remains unchanged, and Powell and FED officials signal that they will cut interest rates 1-2 times this year, the market may recover.

⏩ The fact that both CPI inflation data and the FED's interest rate decision are announced on the same day is expected to cause strong and unpredictable fluctuations in the market. Therefore, tonight everyone should limit trading, and if you already have an order, you should set a stop-loss order to ensure safety. Hac will try to update information for everyone as soon as possible.

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