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If CPI is weak, the probability of the Fed cutting interest rates by 50 basis points will reach 40-60%

Source: ChainCatcher
According to ChainCatcher, according to Kingshin, Adam Button, an analyst at investinglive of the US financial website, said that the annual rate of core CPI in the US is expected to be 3.1%, while the previous value is also 3.1%. The monthly rate of core CPI is expected to be 0.3%, while the previous value is also 0.3%. A weak report could raise the likelihood of the Fed's 50 basis points cut to around 40-60%. At the same time, the number of initial unemployment benefits is expected to be 235,000, compared with previous 237,000, and the number of renewals is expected to be 1.951,000, compared with previous 1.94 million.
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