CoinVoice has recently learned that, according to Jin10, the U.S. CPI data for July will be released on August 12 at 20:30. If the data shows a cooling in inflation, it may solidify expectations for the Fed to drop interest rates in September. Francesco Pesole, a forex strategist at ING, stated that if the core CPI month-on-month rate records 0.3% as expected, it will provide the Fed with room to lower interest rates.

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