The CPI report shows that the possibility of the Federal Reserve cutting interest rates in the first half of the year is very low

Michael Brown, an analyst at Pepperstone, stated that the likelihood of a rate cut in the first half of 2025 is currently low. He said, "For the Federal Open Market Committee, the January US CPI data will be a severe data, although it is likely to be affected by one-time factors, such as the typical large price increases that often occur at the beginning of the year. Given that these data indicate that progress in curbing inflation has stalled, the possibility of a longer pause in the easing cycle has now increased