Here's your summary from US CPI blows the doors off #bloombergbrief #shorts (https://www.youtube.com/watch?v=4BJ_yBoSUsY) on the Bloomberg Television channel:

**TLDR:** US CPI numbers exceeded expectations, leading to speculation that the Fed may cut rates in September.

1. US CPI numbers surpassed expectations, potentially giving the Fed room to cut rates in September.

2. The dollar weakened and the Japanese yen strengthened in response to the CPI data.

3. Wells Fargo dropped 6% pre-market due to missing on net interest income, while JP Morgan included an $821 million net Reserve build in their quarterly report.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro