July U.S. CPI Data Soon to be Released

Vice Chairman Clarida, the Fed’s second in command, and Board Governor Waller, both put their weight behind decreasing further economic stimulus due to optimistic inflation data, and increasing COVID-19 vaccination rates. This could suggest a strengthening, bullish USD against other currencies, IF the Fed takes its’ foot off the printers gas pedal.

Later this week on August 11, 2021, the monthly U.S. CPI inflation is going to be released.

Learn more by reading this article & and watching this video here:

https://www.xm.com/research/analysis/forexPreviews/xm/week-ahead-dollar-turns-to-us-inflation-data-144617

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