TechFlow news, August 11 — According to Jinshi Data, the U.S. July CPI data will be released at 20:30 on August 12. If the data shows cooling inflation, it may strengthen expectations of a Fed rate cut in September. However, if there are signs that Trump's tariffs are exacerbating price increases, the Fed might keep interest rates unchanged for now. Francesco Pesole, ING's foreign exchange strategist, said that ahead of tomorrow's data release, it should be noted that the bar for a hawkish surprise from the Fed is now higher. Given the weakening labor market, a core CPI monthly rate coming in as expected at 0.3% would provide room for the Fed to lower rates.
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