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Next Week's Key Events and Data Preview: US April CPI Data to be Released on Tuesday

BlockBeats News, May 11th, Preview of Key Events and Data Next Week:


Monday: Fed Governor Brainard and others will speak; Vice Premier of the State Council of China, He Lifeng, will visit Switzerland from May 9th to 12th (as the Chinese leader of the China-U.S. economic and trade dialogue, will hold talks with U.S. Treasury Secretary Yellen;

Tuesday: U.S. April CPI data;

Thursday: U.S. initial jobless claims for the week; U.S. April PPI data; 2027 FOMC voters, San Francisco Fed Chair Daly participate in a fireside chat, Fed Chair Powell gives opening remarks at an event, Fed holds the 2nd Thomas Laubach Research Conference;

Friday: U.S. May preliminary reading of 1-year inflation expectations; Saturday: Fed's Barkin and Daly will speak. (IG)

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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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