US inf data due tonight could move markets short term, but Metzler Bank analysts say it is unlikely to materially influence the Fed's September rate decision. After weaker-than-expected June core inf, markets will watch whether July continues the tre

2026-08-12

US inf data due tonight could move markets short term, but Metzler Bank analysts say it is unlikely to materially influence the Fed's September rate decision. After weaker-than-expected June core inf, markets will watch whether July continues the trend or June was an outlier. Metzler says the Fed is likely to wait for additional data — PPI, PCE — and developments in the Middle East before decide on rates.