Analyst: The CPI report undermines the 50 basis point rate cut expectations from the Federal Reserve
ChainCatcher news, Premier Miton Investors Chief Investment Officer Neil Birrell commented on the U.S. CPI report, stating that the likelihood of the Federal Reserve cutting interest rates by 50 basis points next week "has been significantly impacted by this number, but it is not enough to stop the Fed from cutting rates." (Jin Ten)
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