US Stock Market Remains Calm as Investors Await Upcoming CPI Data
According to ChainCatcher, citing Jinshi News, shortly after the opening on Monday, the U.S. stock market showed little change as investors braced for this week’s data, which could determine how quickly the Federal Reserve resumes interest rate cuts. Currently, the three major stock indexes are up about 0.1%, and the CBOE Volatility Index is hovering just below 16. A series of economic data will be released on Tuesday, including the July CPI, providing an opportunity to assess the impact of tariffs on inflation. Institutional economists noted that this data will be crucial in determining whether the Federal Reserve will cut rates in September.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SatLayer: SlayDrop Checker Now Live, Airdrop Claims Open on August 12
Web3 Metaphysics Project superfortune Officially Deploys Wello PayFi Solution on BNB Chain
PAXOS Applies for Trust Bank License with US Regulators
Kanstar Partners with Treasure DAO, Upgrading 4,444 Kanstar NFTs into AI Agents
Trending news
MoreCrypto prices
More








