Analyst: CPI report is roughly in line with expectations, the Fed may be close to completing the rate cut

Odaily Planet Daily News Analysts Jersey and Hoffman said that after the release of the CPI report that was more or less "in line with expectations", the market had a knee-jerk reaction, which obviously relieved those who were worried about rising inflation. Jersey said: "Given the strong momentum of the economy, we still think that the Fed is more likely to be close to completing the rate cut, and considering the upcoming data, the Fed may make the final rate cut in March. Consumers may need to slow down their consumption significantly before the Fed can continue to cut interest rates thereafter." (Jinshi Data APP)