The Biggest Event Of This Week On 15th July, US CPI and Cor
Monnie Brunt OkvK
Updated at: 7 hours ago
{"content":"The Biggest Event Of This Week
On 15th July, US CPI and Core CPI data will be released.
Right now, the market is expecting a 2.7% CPI and a 3% Core CPI YoY increase.
This is almost 0.3% higher than last month's CPI, which shows the impact of tariffs.
But there's one catch.
The Truflation CPI index is showing a 0.6% inflation drop since June.
Since 2021, this has perfectly predicted CPI moves consistently.
If CPI data comes as Truflation index prediction, the markets will pump even more.
In case CPI heads higher, a small correction could happen before the next big move.","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}