July CPI meets expectations, inflation eases: Will the expected cuts be significant?

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Cow Moo-ney joined discussion · Aug 14 21:04

Soft inflation data

Stocks ended Wednesday’s session on a higher note as we got yet another soft inflation data.

The latest CPI showed that the US inflation falling is falling, which gives market and the Federal Reserve a further boost for a rate cut in Sep.

The carpet is laid out nicely for the Fed

Meanwhile, S&P 500 has recovered and recouped all the losses from its 5th Aug’s sell off.

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Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

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