Part 2/8:
Today is particularly pivotal as the release of the quarterly Consumer Price Index (CPI) figures is imminent. Economists and investors alike are closely watching these numbers, as they are instrumental in shaping market expectations about inflation trends and future Federal Reserve policies. The headline CPI for June is forecasted to come in at around 2.1%, a slight decline from previous readings, which could reinforce expectations of a steady or dovish stance from policymakers.