The US June #cpi data will be released at 8:30 tonight. How many people still don’t understand what the CPI data is for! CPI data stands for the Consumer Price Index, which is simply the price of goods. It is also an important indicator of inflation. If the CPI value is higher than the estimated value, it means that prices are rising, which is bad news for inflation! If it continues to be higher than the estimated value, it is possible to suppress it by raising interest rates. If the CPI value is lower than the estimated value, it means that prices are falling, which is good news for deflation. If it is lower than the estimated value for a long time, it will affect the production of the real industry, so the Federal Reserve will take interest rate cuts or release water to suppress it! Interest rate cuts or water releases will greatly stimulate the financial market! It is expected that interest rate cuts may begin in October, and tonight’s data is worth looking forward to! #BTC☀ confirms that the bull market has arrived. #关注元璋哥 Let’s make 1 billion together!
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