[Good news is approaching, is the Fed expected to cut interest rates in September? ]

After the CPI came out, PPI and unemployment data also came out!

The annual rate of PPI in the United States in May was 2.2%, expected to be 2.50%, and the previous value was 2.20%. The monthly rate of PPI in the United States in May was -0.2%, expected to be 0.10%, and the previous value was 0.50%.

This means that the CPI in June should not be particularly high, and the number of initial unemployment claims in the week ending June 8 was 242,000, exceeding the expected 225,000, and far exceeding the 229,000 in the previous month, indicating that the possibility and necessity of the Federal Reserve to stimulate the economy through interest rate cuts are increasing, and these hard currencies can be prepared. $BTC $ETH $SOL