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2024-06-11 19:20:07
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Seeking Alpha on Nostr: nostr:note1nm0nrxqpnxnjlfd2wr0f5ajyvjpduyt8qlmpzk22efcrgumq370s8lvdza

May CPI Data Provides Insight into Inflation and Fed's Decision
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#2f332139 ver:0.45

The release of May's CPI data will test the U.S. bond market rally and provide insight into inflation. Traders are waiting to see if the data will expand the rally or lead to a reversal. The CPI is expected to show a slowdown in inflation, but it remains above the Fed's target. A downside surprise could reopen hope for a rate cut, while an upside surprise could lead to speculation of a rate hike. The data will be released on May 15. #CPI #inflation #bondmarket #Fed...

#newstr #Cpi #FederalReserve #InterestRates #Inflation #ProducerPriceIndex

https://here.news/story/2f332139?ver=0.45
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