Institution: It is expected that the CPI data will not change the Federal Reserve's cautious stance, and the Federal Reserve may be close to completing interest rate cuts
ChainCatcher news, according to Jinshi reports, Spartan Capital Securities Chief Economist Peter Cardillo believes that although the overall CPI increase is disappointing, the cooling of the core CPI year-on-year is a positive signal and is expected not to change the Federal Reserve's cautious stance.
Richard Flynn, Managing Director of Charles Schwab UK, pointed out that the first few weeks of 2025 are good news for the economy but bad news for the market. He noted that a series of strong economic data has made inflation concerns a top issue. Strong economic data and a resilient labor market are putting upward pressure on prices, and the Federal Reserve may keep interest rates unchanged.
Analyst Jersey stated that considering the strong economic momentum, the Federal Reserve may make its last rate cut in March, unless consumer spending significantly slows down. Currently, the dollar is weakening, yields are declining, and the market is focused on core inflation, but inflation stickiness remains a key issue. The previously widely expected aggressive rate cut path may face adjustments.