Heavy data is out! 🔥🔥🔥🔥🔥🔥
US June CPI data is coming strongly! 🔥🔥🔥🔥🔥
CPI is lower than market expectations! Inflation is cooling down! 🔥🔥🔥🔥
The interest rate cut in September is done!
Data shows:
US June CPI is 3% year-on-year, expected to be 3.1%, and the previous value is 3.3%.
US June CPI is -0.1% month-on-month, expected to be 0.1%, and the previous value is 0%.
US June core CPI is 3.3% year-on-year, expected to be 3.4%, and the previous value is 3.4%.
US June core CPI is 0.1% month-on-month, expected to be 0.2%, and the previous value is 0.2%.
To sum up in two words: good news 🔥🔥🔥
