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The United States will release January CPI data at 21:30 tonight, making it difficult to achieve a rate cut this month

2025-02-12 11:30

Tonight at 21:30 (UTC+8), the United States will announce the quarterly adjusted CPI annual rate for the end of January, which is expected to record 2.9%, unchanged from the previous value, and there is a possibility of slightly exceeding expectations. This is a key node on the future path of interest rate cuts by the Federal Reserve. According to CME FedWatch data, the probability of the Federal Reserve keeping current interest rates unchanged until March is 96%, the probability of a 25 basis point rate cut is 4%, and the probability of a rate cut in June is also decreasing. It is worth noting that Powell's attitude towards the national hearing may respond to inflation data later, which will be a crucial moment for the market to obtain clues about the Federal Reserve's policies. Reminder: Market fluctuations may intensify at that time, so please be sure to do a good job in risk management.

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