[U.S. July Unadjusted Core CPI Year-on-Year 2.5%, In Line with Expectations]
According to Jin10 reports, the U.S. July unadjusted core CPI year-on-year was 2.5%, matching the forecast of 2.50%, with the previous value at 2.60%.
AI Interpretation: Core inflation has fallen as expected to the 2.5% level, clearly confirming that upward price pressures are steadily easing. This data fully aligns with market expectations, alleviating earlier concerns about an inflation rebound. The Federal Reserve has made substantial progress in its fight against inflation, with its policy focus steadily shifting toward employment goals. Market pricing for the rate-cut path will become more resolute, and the implementation of accommodative monetary policy is now entering its countdown phase.
