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On Thursday, investors will focus on the key data point that will influence the future interest rate policy of the Federal Reserve: the June Consumer Price Index (CPI). The inflation rate is expected to show an increase of 3.1%, down from 3.3% in May, the smallest increase since January. The core CPI (excluding food and energy) is expected to rise 3.4% year over year and 0.2% month over month.
Bank of America economists believe the June CPI report will boost market confidence. Federal Reserve Chairman Powell stressed during congressional hearings that more data is needed to confirm that inflation is moving towards the 2% target. Rent and landlord equivalent rent are expected to cool down, and service prices may fluctuate. Goldman Sachs predicts core CPI and core PCE inflation of 3.2% and 2.7% respectively in 2024.
The market expects the Federal Reserve to cut interest rates 1 to 2 times in 2024, and the probability of cutting interest rates in September is about 75%. If the CPI data is in line with expectations, the Federal Reserve may start a cycle of cutting interest rates in December.
Today we are discussing an important topic: if the US dollar starts cutting interest rates, will America's financial war fail? In today's video, we'll thoroughly analyze the background of the US dollar interest rate hike, the impact of high interest rates on the global economy, and the potential impact of interest rate cuts on US stocks and the global market.
#CPI数据
#美联储降息
#降息预期
#美元指数

$Taiwan Semiconductor(TSM.US)$ shares jumped as much as 4.8%, to touch the milestone just after the opening bell in New York on Monday, taking its share price increase this year to more than 80%. The chipmaker overtook Berkshire Hathaway earlier in June to become the world’s eighth most valuable company.
As the exclusive supplier of crucial chips for $Apple(AAPL.US)$ and $NVIDIA(NVDA.US)$, TSMC has become a fa...

$SBH(0300.MY)$
Really dono what happen for this counter market Up he down market down he continue down too 🤦🏻‍♂️