US June CPI Data to Be Released Tonight at 8:30 PM, Expectations Point to Broad-Based Increase
According to ChainCatcher, citing Jinshi Data, the US June CPI will be released tonight at 20:30, with expectations for a broad increase in the data. Several officials have previously warned that inflation may rebound starting this summer. If the data confirms the transmission effect of tariffs, the Federal Reserve's rate cut in September may not materialize, which could lead to significant market volatility.
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
Polkadot will allow locking DOT to mint dotUSD in the future.
Bitcoin ETFs witnessed $2.35 billions in sell-off over the past two weeks
Chainfir Capital Sees Distribution as Key Competitive Edge in Stablecoin Market
Russia Deputy Suggests Jensen Huang Could Help Develop Domestic Chips
Crypto prices
More
