Tonight will usher in the two most important financial data of the week, CPI and Fed

Although they are two data, they are also strongly related to each other. With the superposition of two events, it is inevitable that market volatility will intensify.

Today's focus should be the new quarterly interest rate forecast, namely the "dot plot". In March, it was expected that there would be two or three interest rate cuts this year. But now the focus has changed to whether there will be one or two interest rate cuts this year, or no interest rate cuts at all? Let's wait and see.

    In addition, in terms of CPI, the market has given a relatively optimistic forecast, believing that inflation in May will be slightly lower than before, but the magnitude is small. If it really falls, it will also make the market more looking forward to the early arrival of interest rate cuts!