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The US Bureau of Labor Statistics will release June CPI data at 20:30 tonight
BlockBeats news, on July 11, the U.S. Bureau of Labor Statistics will release the CPI data for June 2024 at 20:30 Beijing time tonight.
The U.S. June unadjusted CPI annual rate is expected to be 3.1%, and the previous value was 3.3%.
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Core CPI at 0.2% month-over-month means the Fed stays put, while 0.3% triggers a rate hike.
The current interest rate hike probability is around 50%, with benign inflation data potentially prompting a wait-and-see approach. However, the hawkish stance still introduces uncertainty into the future policy outlook.
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21min ago
24H Important News
2026-11-15
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