US CPI Outlook: If June CPI data is milder than expected, the Federal Reserve expects to cut interest rates in September

BlockBeats News: On July 15th, according to foreign media analysis, the June CPI report will significantly affect market expectations for the Fed's next policy steps. At present, the market expects that the possibility of the Federal Reserve cutting interest rates in October is greater. If the data is higher than expected, even if much higher than expected, the Federal Reserve will wait until October to cut interest rates. However, if the data is milder than expected, the Federal Reserve expects to maintain interest rates unchanged in July and cut interest rates in September. In summary, in terms of monetary policy, the June CPI report will make it clear who is right, Trump or Powell. (Golden Ten)