O Daily Planet Daily News Analyst Enda Curran said that in the context of the debate over the Federal Reserve'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 expectations for a rate cut in September. A group of hot data is bound to lean towards supporting interest rate cuts, but at the same time, overall low data will make people believe that the anti-inflation process has returned to the right track. (Jin Shi)
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O Daily Planet Daily News Analyst Enda Curran said that in the context of the debate over the Federal Reserve'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 expectations for a rate cut in September. A group of hot data is bound to lean towards supporting interest rate cuts, but at the same time, overall low data will make people believe that the anti-inflation process has returned to the right track. (Jin Shi)