CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?

March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?

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2024-08-11
$NVIDIA Corp(NVDA)$  🎯🗓️🔥 August’s Market Fates: Bulls, Bears & Key Dates!🔥🗓️🎯 Kia ora Tiger traders! 🔥August is shaping up to be a fiery month for market movers and shakers! Let’s break down the key dates to watch, what they mean for the market, how they might indicate a bull 🐂 or bear 🐻 trend, how often these reports are released 🌈! Buckle up, this ride could be wilder than a Tui on a sugar rush! 🕺💥 🗓 Tuesday, August 13:  Producer Price Index (PPI) – Released Monthly 📊 The PPI measures inflation at the wholesale level and is released monthly. If PPI comes in hotter than a barista’s double-shot espresso ☕, it could signal rising inflation, leading to a bear market 🐻 as the Fed might start eyeing those rate hikes like they’re on a m
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