Global Markets Hang in Balance as US Inflation Data and Central Bank Decisions Loom
The upcoming week will be crucial for global markets as key events unfold.
The US Consumer Price Index (CPI) data, scheduled for release on Tuesday, is a key gauge for Federal Reserve policy decisions.
Economists expect the annual inflation rate to have eased slightly, but core inflation remains sticky, reflecting persistent price pressures in services and shelter.
A hotter-than-expected CPI reading could dampen hopes for an early rate cut, while a cooler number might reinforce market expectations of a policy pivot later this year.