Today at 08:30 EST, the USConsumer Price Index (a significant indicator of the current inflation rate) comes to light. The expected index is 6.0% (a 0.4% decrease in CPI).
Possible scenarios are:
🛑 Positive: CPI below 6.0 Indicates rapid decrease in inflation;
🛑 Neutral: CPI in the range of 6.0-6.3 Would signal a moderate decrease in inflation;
🛑Negative: CPI 6.4 and above A sign of the US monetary policy's ineffectiveness.
💭 Anyway, a volatile day is ahead, so buckle up and exercise caution in your traiding decisions!
#LUNC has started the next round of epic rise#HTX Talks
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