🔥🔥🔥Tonight at 8:30, the Fed's 5-star major data will be released! ! !
The pie collapsed in the morning. We have to wait for the 5-star CPI data to be released at 8:30 in the evening to judge whether it is good or bad. Whether it can go up today depends on it.
If CPI is higher than expected
Inflation concerns intensify: Higher CPI data may trigger market concerns about rising inflation. Increase the probability of a 25bp interest rate cut, achieve a preventive interest rate cut, and a soft landing of the economy.
If CPI is lower than expected
Inflation pressure is relieved: Lower CPI data may indicate that inflation pressure has eased. Increase the probability of a 50bp interest rate cut, start trading recession, and hard landing of the economy.
Tonight is expected to drop to 2.6%, which is in line with expectations and lower than 2.6% are both positive, and can further stimulate the Fed to cut interest rates by 50 basis points.
