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The CPI is coming this Friday, are you prepared to get prepared to potential long wick candle?
This week's events 🚨
On October 24, despite the U.S. government shutdown, the U.S. CPI data will still be released as scheduled.
The market expects the US CPI to reach 3.1%, while the previously published data showed it to be 2.9%.
Why is this crucial?
As we all know, the Federal Reserve's monetary policy decisions are primarily based on the situation of inflation and unemployment rates.
The current job market has fallen into a dilemma, and the market is calling for further interest rate cuts.
In addition, the FOMC meeting will be held next week, which means that the Federal Reserve will closely monitor the CPI data.
If the CPI data is lower than expected, the market anticipates a rate cut accompanied by dovish Federal Reserve rhetoric.
If the CPI data is higher than expected, although interest rate cuts may still occur, the Federal Reserve's statements will be more cautious.
The American media agency predicts a value of 3.0, which is a slight positive for #ETH反弹在即? .