Institution: Weak CPI data fuels fantasies of a rate cut in July

JIN10
2024.07.11 13:17
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Dakota Wealth's Senior Portfolio Manager, Robert Pavlik, stated that the overall cooling of the US CPI directly indicates the possibility of a rate cut in September. I believe this also raises doubts about the possibility of a rate cut in July, although this possibility is quite slim. The market is really counting on a rate cut in September

On July 11th, according to the data from FXStreet, Robert Pavlik, senior investment portfolio manager at Dakota Wealth, stated that the overall cooling of the US CPI directly indicates the possibility of a rate cut in September. I believe this also raises doubts about the possibility of a rate cut in July, although this possibility is quite slim. Will the market really count on a rate cut in September?

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