Analysts: If the CPI data is also weaker than expected, the Fed is more likely to cut interest rates by 50 basis points

Adam Button, an analyst at the US financial website investinglive, said tomorrow's Consumer Price Index (CPI) report is a strong signal that the data may fall short of expectations, prompting a rally in US stock index futures. A lower-than-expected CPI result, especially one so significant, would increase the likelihood of a 50 basis point interest rate cut by the Federal Reserve. The month-over-month decline in the Producer Price Index (PPI), excluding food and energy, marked the largest decline in the past decade. (Jinshi)