đšCPI Data Alert â ïžđ±
đUS #CPI data, crucial for the market, will be published today at 6:00 PM IST.
đHereâs what to watch:
- Current CPI: 2.9%
- Previous CPI: 3.0%
- Estimated CPI: 2.6%
Possible Outcomes:
CPI > 2.6%: Expect a market dropâFED might only cut rates by 25 BPS.Â
CPI = 2.6%: A CPI at 2.6% might lead to a short-term market bounce.
CPI < 2.6%: We might see a rallyâ50 BPS rate cut could be on the table.Â
Thereâs a 35% chance the FED will cut rates by 50 BPS. Expect market volatility.
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