Express
US Stock Market Calm, Market Focuses on Upcoming CPI Data
Summary: According to Jinshi's report, shortly after the opening on Monday, the US stock market remained almost unchanged as investors prepared for this week's data, which may determine the pace of the Fed's rate cuts. Currently, the three major stock indexes are up about 0.1%, with the CBOE Volatility Index hovering slightly below 16. A series ...
According to Jinshi's report, shortly after the opening on Monday, the US stock market remained almost unchanged as investors prepared for this week's data, which may determine the pace of the Fed's rate cuts. Currently, the three major stock indexes are up about 0.1%, with the CBOE Volatility Index hovering slightly below 16. A series of economic data will be released on Tuesday, including July's CPI, providing an opportunity to assess the impact of tariffs on inflation. Institutional economists state that this data will be crucial in determining whether the Fed will cut rates in September.
