@Optionspuppy:Cpi ⬇️⬇️⬇️📈📈stocks up i except cpi to fall Hey there, finance enthusiasts! Today, we're diving into the exciting world of the stock market and how the recent decrease in the Consumer Price Index (CPI) can have a positive impact on the market. So, grab your calculators and let's break it down! On Tuesday, the U.S. Labor Department's consumer price index reading is expected to show a slight cooling of inflation in May, although core prices are likely to have remained elevated. This news coincides with the first day of the Federal Reserve's meeting, where traders anticipate the central bank to hold interest rates at the 5%-5.25% range. Additionally, there's a 53% chance of a 25-basis-point increase in rates in July, according to the CME Fedwatch tool. Now, you might be wondering,
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