US CPI Outlook: If the June CPI data is milder than expected, the Fed is expected to cut interest rates in September.

On July 15, foreign media analysis reported that the June CPI report will significantly impact market expectations for the Fed's next policy move. Currently, the market expects that the Fed is more likely to lower interest rates in October. If the data is higher than expected, even significantly higher, the Fed will still wait until October to lower rates; however, if the data is moderately above expectations, the Fed is expected to keep rates unchanged in July and lower them in September. In summary, regarding monetary policy, the June CPI report will clarify who is correct between Trump and Powell. ( Jin10 )

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