🔥 US CPI data 🇺🇸 will be released today at 1:30 PM UTC
📊 CPI Forecast: 2.7% | Previous: 2.7%
📊 Core CPI Forecast: 2.8% | Previous: 2.6%
Truflation data shows US inflation trending lower, increasing the chances of a positive CPI print.
At the same time, Fed Chair Jerome Powell is under pressure from the Trump administration to cut interest rates, adding more fuel to a potential market pump today.