Will today’s US inflation print keep the Fed on guard?

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Summary:

  • Investors await the US inflation data for July as a significant market driver.
  • After a notable drop in June, expectations rise for an acceleration in July's inflation figures.
  • The Federal Reserve's stance on interest rates is poised to be influenced by the inflation trend.
  • Core inflation remains a key concern and could impact the Fed's decision on rate hikes.
  • US dollar strength and Euro's performance hold implications for trading dynamics.
  • Crude oil's price surge contributes to inflation, adding to the cautious market sentiment.


The US inflation data is expected to be the big swing point of today's trade after June, surprisingly large drop in US inflation...


Investors now brace for more evidence that inflation and there's a reacceleration of price growth occurring, which may pressure the Fed...


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