#cpiwatch ๐Ÿšจ ๐Ÿ‡บ๐Ÿ‡ธ CPI WATCH: U.S. Inflation Data Due Tomorrow! ๐Ÿ“Š
Markets are closely watching the August U.S. CPI report, scheduled for September 11 at 8:30 a.m. ET. The July CPI was 3.4% YoY, while core CPI was 2.5% YoY.
๐Ÿ”ฅ Why It Matters
๐Ÿ“Š Headline CPI forecast: ~3.3% YoY
๐Ÿ“ˆ Core CPI forecast: ~2.4% YoY
๐Ÿ›ข๏ธ Rising oil prices are creating fresh inflation pressure.
๐Ÿฆ The result could strongly influence the Fed's next rate decision.
๐Ÿ“‰ A hotter-than-expected CPI could pressure stocks and crypto, while a softer reading could support risk assets.
โš ๏ธ Key watch: August PPI already showed inflation accelerating to 5.4% YoY, increasing the importance of tomorrow's CPI release.
๐Ÿšจ ๐Ÿ‡บ๐Ÿ‡ธ CPI WATCH! ๐Ÿ“Š๐Ÿ”ฅ
Markets are preparing for the U.S. August CPI report tomorrow, with inflation data potentially playing a major role in the Fedโ€™s next rate decision.
๐ŸŽฏ CPI forecast: ~3.3% YoY
๐Ÿ“‰ Core CPI forecast: ~2.4% YoY
๐Ÿ›ข๏ธ Oil prices remain a major inflation risk
๐Ÿฆ Fed policy hangs in the balance
โš ๏ธ A hotter CPI could increase rate-hike expectations and pressure risk assets, while a softer reading could boost stocks and crypto.
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