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The annual rate of CPI has fallen for five consecutive years, but the expectation of the Federal Reserve's rate cut is weakening... A picture to understand the US CPI data in August > >

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2024-09-11 21:15:44
CPI annual rate five consecutive declines fed interest rate cut magnitude expectation weakeningdesk3cryptocurrencydesktopCrypto News
The annual rate of CPI has fallen for five consecutive years, but the expectation of the Federal Reserve's interest rate cut is weakening... A picture to understand the US CPI data in August > > < br > < img src = "https://flash-scdn.jin10.com/03fa54c1-f3f3-42b5-a0fb-41a6512ddaf1.jpg" referrerpolicy = "no-referrer" >
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Black series futures rose, coking coal main contract rose 4.00% in the day, now reported 1270.00 yuan/ton. Coke rose nearly 4%, iron ore rose nearly 3%, hot coil main contract rose more than 2.00% in the day, now reported 3199.00 yuan/ton. Rebar rose nearly 2%.
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Brainard, director of the White House National Economic Council: CPI data show "we are turning a new chapter in inflation".

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