Analyst: CPI report roughly meets expectations, Federal Reserve may be close to completing rate cuts
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According to a report by Golden Ten, analysts Jersey and Hoffman stated that after the release of CPI reports that were more or less "in line with expectations," there was a subconscious "knee jerk reaction" in the market, which clearly relieved those who were concerned about rising inflation. Given the strong momentum of the economy, we still believe that the Federal Reserve is more likely to be close to completing a rate cut, and considering the upcoming data, the Fed may make its final rate cut in March. Consumers may need to significantly slow down their consumption before the Fed can continue to cut rates thereafter, "said Jersey