The analyst Enda Curran said that in the context of the debate on the Fed 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 expectations for a rate cut in September. A set of hot data will definitely tend to support a 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. (Jin Shi)
Xem bản gốc
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The analyst Enda Curran said that in the context of the debate on the Fed 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 expectations for a rate cut in September. A set of hot data will definitely tend to support a 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. (Jin Shi)