US August CPI to be released tonight, rate cut magnitude remains uncertain
ChainCatcher news, according to Golden Ten Data, the US August CPI will be released at 20:30 tonight (GMT+8). Weakening employment and cooling PPI have paved the way for easing policies, but the extent of rate cuts still requires inflation data to be the final determinant. Investors should be wary that a higher-than-expected rise in prices could disrupt the outlook for rate cuts. Significant market volatility is expected, so please pay attention to related risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave Chan Initiative exits Aave protocol due to governance disputes
Kashkari: More data needed to decide Federal Reserve rate actions
Williams: The primary reason for rate cuts is to keep the real interest rate unchanged
POWER team transfers $29 million in tokens, token price drops over 58.6% today
Trending news
MoreCrypto prices
More
