Tuesday at 8:30 am ET, we will get the long-awaited Jun CPI. Inflation has become ever more important amid all the tariff drama. Many in the market, including the Fed, have expected to see tariffs increase inflation by now, but recent CPIs, including the ones for Apr and May that reflected the post-”Liberation Day” period, have been cooler than expected.
Thank you
You're welcome, Jasmina.
If you are right on this, I think the odds of the July cut jump dramatically. But it's easy to jump from 6%.