Hello everyone, I am A10JQK! Today let's talk about this hand of U.S. CPI data, and see if we can sniff out the scent of rate cuts! ♠️♥️♣️♦️
♠️ Look at this August CPI annual rate, which dropped from 2.9% to 2.5%, even lower than the expected 2.6%! Is this suggesting that inflation is slowly cooling down? The Federal Reserve should be relieved now!
♥️ Take a look at the core CPI month-on-month rate, which jumped from the expected 0.2% to 0.3%. This little guy is not obedient, it seems that the "stubborn element" of inflation is still causing trouble!
♣️ However, the core CPI year-on-year rate has firmly remained at 3.2%, exactly as expected. This is telling us that although inflation is declining, it has not yet reached the Fed's target of 2%.
♦️ Overall, inflation is indeed trending down, but not by much. Economic recession? I really can't see any obvious signs. So, the probability of a 50 basis point rate cut? I think it's doubtful!
The Federal Reserve might think this way: 1. Inflation is indeed falling, but it's not time to relax yet. 2. There is no obvious sign of economic recession, and the risk of large interest rate cuts is too high now. 3. Consider a small rate cut at most, like 25 basis points, but 50 basis points? That's wishful thinking!
Fellow card friends, what do you think the Fed will do? Will they continue to stay put, or make a small rate cut? Or do you think there's a chance for a 50 basis point rate cut? Feel free to share your insights in the comments section! ♠️♥️♣️♦️
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#BTC
Hello everyone, I am A10JQK! Today let's talk about this hand of U.S. CPI data, and see if we can sniff out the scent of rate cuts! ♠️♥️♣️♦️
♠️ Look at this August CPI annual rate, which dropped from 2.9% to 2.5%, even lower than the expected 2.6%! Is this suggesting that inflation is slowly cooling down? The Federal Reserve should be relieved now!
♥️ Take a look at the core CPI month-on-month rate, which jumped from the expected 0.2% to 0.3%. This little guy is not obedient, it seems that the "stubborn element" of inflation is still causing trouble!
♣️ However, the core CPI year-on-year rate has firmly remained at 3.2%, exactly as expected. This is telling us that although inflation is declining, it has not yet reached the Fed's target of 2%.
♦️ Overall, inflation is indeed trending down, but not by much. Economic recession? I really can't see any obvious signs. So, the probability of a 50 basis point rate cut? I think it's doubtful!
The Federal Reserve might think this way:
1. Inflation is indeed falling, but it's not time to relax yet.
2. There is no obvious sign of economic recession, and the risk of large interest rate cuts is too high now.
3. Consider a small rate cut at most, like 25 basis points, but 50 basis points? That's wishful thinking!
Fellow card friends, what do you think the Fed will do? Will they continue to stay put, or make a small rate cut? Or do you think there's a chance for a 50 basis point rate cut? Feel free to share your insights in the comments section! ♠️♥️♣️♦️
#美国CPI数据 #降息预期 #经济前景
#BTC