Analyst: Latest PPI data gives the Fed no reason to cut interest rates

Odaily Planet Daily News Granite Bay Wealth Management analyst Paul Stanley wrote in commenting on the January PPI report that the Fed "has no reason to cut interest rates now." The 0.4% increase was higher than economists surveyed expected, but lower than the 0.5% increase in December last year after the upward revision. Prior to this, the CPI data released yesterday was also higher than expected. Stanley said: "The timing of the rise in inflation is special because the economy is preparing for tariffs, and if tariffs continue, it may add another inflationary pressure." He added that fixed income investors may see an opportunity to lock in higher yields at this time. (Jinshi)