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Preparing for US CPI: Forex Today – FXStreet

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The financial market is gearing up for the release of the US CPI report as traders anticipate potential Fed rate cuts. Consumer prices are expected to have cooled further in June, fueling hopes for a reduction in interest rates. This key inflation report will be closely watched by market participants as they grow more confident in the possibility of a Fed rate cut.

Investors are on high alert as a stock market crash warning has been issued, urging them to mark their calendars for July 11. The uncertainty surrounding the market is evident as traders brace themselves for potential volatility in the coming days. This cautionary alert serves as a reminder for investors to stay vigilant and closely monitor their investment portfolios.

The Federal Reserve has indicated that more low-inflation signals are needed before considering a cut in interest rates. The upcoming CPI report could potentially provide the necessary data to support a rate reduction decision. Market analysts are closely watching for any indications from the report that could influence the Fed’s monetary policy direction.

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