If the CPI is weak, the probability of the Fed cutting interest rates by 50 basis points will reach 40-60%.

According to ChainCatcher news, as reported by Jin10, Adam Button, an analyst from the American financial website investinglive, stated that the year-on-year forecast for the core CPI in the U.S. is 3.1%, the previous value was also 3.1%; the month-on-month forecast for the core CPI is 0.3%, the previous value was also 0.3%. A weak report could increase the possibility of the Fed cutting interest rates by 50 basis points to around 40-60%. Meanwhile, the number of initial jobless claims is expected to be 235,000, previously it was 237,000, and the number of continuing claims is expected to be 1.951 million, previously it was 1.94 million.