Agency: Core inflation concerns the market, next week's interest rate cut 50BP expectations frustrated
2024-09-11 12:39:09
Institutional core inflation market citation worries next week rate cut 50bpdesk3cryptocurrencydesktopCrypto News
On September 11th, institutional analysts believe that higher-than-expected US core inflation data will be the problem for the Federal Reserve to cut interest rates by 50 basis points next Wednesday. The focus now is on the core CPI monthly rate data, which tends to increase concerns about stubborn inflation. Those who are concerned about monetary policy shifting too quickly or too decisively will certainly strongly oppose a 50 basis point rate cut next week.
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