US CPI Anticipated At 3.1%; Will Fed Start Cutting Interest Rates Soon?

The crypto market watchers eagerly await the U.S. Consumer Price Index (CPI) data, which is expected to be released by the Labor Department on Thursday, July 11. Notably, the broader financial market will keep a close track of the crucial inflation metric, as it is expected to play a vital role in the Fed’s future move with their policy rate plans.