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#عاجل🚨🚨🚨 : Inflation rate of #المستهلك less than expectations
📊 Consumer Price Index ( 8:30 AM Eastern Time )
- Expected: 3.1% annually
- Actual: 2.7% annually
📌 Core Consumer Price Index
- Expected: 3.0% annually
- Actual: 2.6% annually
👷 Unemployment Claims: in line with expectations.
⬇️ Lower inflation gives the Federal Reserve more room to cut #الفائدة rates.
If the labor market weakens further, the chances of interest rate cuts increase.
🗣️ Hasset: Says it is appropriate for the Federal Reserve #الفيدرالي to cut interest rates now.
Also see: Japan's interest rate decision tonight 👀
#FOMCWatch
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