🚨 A look at economic data and interest rate cuts



Inflation in July remains steady at 2.7%, but core inflation rose to 3.1%.
The situation is still under control and what prevents the interest rate cut plan, especially with the slowdown of some indicators.

Markets are heavily betting on an interest rate cut in September, with some banks like JPMorgan expecting 4 cuts starting next month.

The Federal Reserve is still in a "wait and see" mode, with voices within calling for a quicker reduction.

The chances of a reduction are between 50% and 85% according to market estimates, and the decline in employment growth increases the likelihood of decision-making.
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