Lates News

The latest inflation data from the United States will be released tonight, which may drive market movements in the short term. However, analysts at Metzl Bank stated in a report that the impact of this data on the Federal Reserve's interest rate decision in September may be limited. The analysts indicated that after the core inflation data in June came in weaker than expected, the market is eager to see whether this trend continues in July, or if the June data was just an anomaly. They noted that the Federal Reserve may wait for more upcoming data, including the Producer Price Index, personal consumption expenditure data, as well as developments in the Middle East situation, to inform their interest rate decision.