{"id":11929,"date":"2024-06-12T08:09:45","date_gmt":"2024-06-12T07:09:45","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=11929"},"modified":"2024-06-23T17:18:59","modified_gmt":"2024-06-23T16:18:59","slug":"china-inflation-uk-gdp-us-inflation-fed-rate-decision","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/china-inflation-uk-gdp-us-inflation-fed-rate-decision\/","title":{"rendered":"China&#8217;s Inflation Steady, Fed Rate Decision, UK GDP Stagnate"},"content":{"rendered":"\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" height=\"1024\" width=\"1024\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/06\/Market-Comment-22-1024x1024.png?resize=1024%2C1024&#038;ssl=1\" alt=\"Fed Rate Decision\" class=\"wp-image-11931\" style=\"aspect-ratio:3\/4;object-fit:cover\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"has-background-color has-text-color has-link-color wp-elements-2561b81016898b257fd4e50662c745b3\" style=\"font-size:0px\">Fed Rate Decision<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">China&#8217;s Inflation Steady, Fed Rate Decision UK GDP Stagnates, US Inflation Awaited<\/h1>\n\n\n\n<p>At 02:30, <strong>China<\/strong> reported<strong> Inflation<\/strong> Rate YoY for May. The figure was <strong>0.3%<\/strong>, steady with the last reading and the market forecast, and a bit below the market expectation of 0.4%. So, a steady inflation rate keeps an even economic environment in China, with no immediate sign of rising inflationary pressure.<\/p>\n\n\n\n<p>In the <strong>United Kingdom<\/strong>: At 07:00 AM, the UK released the <strong>GDP<\/strong> MoM for April, which came in at 0%, lower than the previous of <strong>0.4%<\/strong>. The result matched the consensus, but it was below the forecast of 0.1%, which implied that the UK economy is slowing down.<\/p>\n\n\n\n<p>Coming up later today, at 01:30 PM, will be the <strong>U.S. Inflation<\/strong> Rate YoY release for May, where the consensus and forecast stay at <strong>3.4%<\/strong>. The figure may remain unchanged and throw lights on the inflationary trends in the U.S. economy.<\/p>\n\n\n\n<p>At <strong>07:00 PM<\/strong>, all eyes will be at the<strong> Fed Rate Decision<\/strong>. Expected to keep status at <strong>5.5%<\/strong>, consensus, and forecast. Very important in the decision to be able to understand where the Fed is positioned in its monetary policy with the current economic circumstances.<\/p>\n\n\n\n<h6 class=\"wp-block-heading has-background-color has-text-color has-link-color wp-elements-1ccd9c56242daf36e9c1e823900cbbef\" style=\"font-size:0px\">Fed Rate Decision<\/h6>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/cambridgecurrencies.com\/\">Get a Free Quote<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fed Rate Decision China&#8217;s Inflation Steady, Fed Rate Decision UK GDP Stagnates, US Inflation Awaited At 02:30, China reported Inflation Rate YoY for May. The figure was 0.3%, steady with the last reading and the market forecast, and a bit below the market expectation of 0.4%. So, a steady inflation rate keeps an even economic [&hellip;]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518696,50518689,50518605,50518676,50518636,50518695,50518690,50518691,50518643,50518664,50518597,50518640,50518635,50518697,50518693,50518626,50518634,50518620,50518692,50518694,50518685,50518686],"class_list":["post-11929","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-centralbank","tag-chinainflation","tag-economicdata","tag-economicforecast","tag-economicindicators","tag-economicinsights","tag-fedratedecision","tag-fiancialeconomy","tag-financialmarkets","tag-financialnews","tag-forex","tag-gdp","tag-globaleconomy","tag-globalmarkets","tag-inflationtrends","tag-interestrates","tag-markettrends","tag-marketupdate","tag-monetrypolicy","tag-tradingstrategies","tag-ukgdp","tag-usinflation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-36p","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=11929"}],"version-history":[{"count":6,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11929\/revisions"}],"predecessor-version":[{"id":13368,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11929\/revisions\/13368"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=11929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=11929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=11929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}