The latest data on the Consumer Price Index (CPI) for May surprised investors by coming in lower than anticipated, leading to increased interest in risk markets. The CPI was recorded at 3.3%, which was 0.1% below what was forecasted. The persistent decrease in inflation and the lasting effects of the Federal Reserve’s strict monetary policy may reassure Powell during his upcoming speech tonight. Stay up to date with the most recent financial and business news by visiting COINTURK FINANCE.
