U.S CPI was released. But.. 🤔
It's lower than expected. The CPI(Consumer Price Index) in May is 2.4%.
Take a look at this chart 🧐 Definitely, It seems that CPI has been stablizing and declining.
However, the Fed won't likely cut the Federal Funds Rate this interest rate decision 😮💨 Market participants are still expecting that they're gonna make the next rate cut this September. It's too late 😓
Wow, @happycapital, great quick analysis on the CPI numbers! This is exactly the kind of timely financial insight Steemit needs. Your clear presentation of the data, especially those charts from Investing.com and the CME FedWatch Tool, really helps to break down the complexities.
That stabilization trend you pointed out is super interesting! While a September rate cut feels like a long wait, your post sparks a vital conversation about the Fed's next move and its impact on our investments.
Thanks for keeping us informed and engaged. What are your personal investment strategies based on this CPI data? I'm eager to hear what everyone else thinks! Let's discuss!
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