Odaily Daily Planet News Analyst Enda Curran said that in the context of the debate on the Fed's interest rate cut, it is more or less impossible to cut interest rates in July, so the question is how today's CPI data will push the expectations of a rate cut in September. A set of hot data will definitely tend to support the rate cut, but at the same time, the overall low data will also make people believe that the anti-inflation process has returned to the right track. (Kinjun)
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Odaily Daily Planet News Analyst Enda Curran said that in the context of the debate on the Fed's interest rate cut, it is more or less impossible to cut interest rates in July, so the question is how today's CPI data will push the expectations of a rate cut in September. A set of hot data will definitely tend to support the rate cut, but at the same time, the overall low data will also make people believe that the anti-inflation process has returned to the right track. (Kinjun)