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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Analysts: The inflation data before the September meeting may be enough for the Fed to cut interest rates.
Jin10 data reported on August 12, analyst Jersey's preliminary view on the July US CPI report is: the bond market seems to be concerned that the CPI will rise, but the overall monthly CPI data is 0.2%, which suggests that the PCE data we receive before the September meeting may be close enough to the 2% target, allowing the Fed to ease monetary policy in September. We still believe that the market is expected to rise further.