Before the CPI announcement, almost all Wall Street investment banks expected the Federal Reserve to cut interest rates by 25 basis points at each of its next two meetings.

Before the CPI was released, almost all Wall Street investment banks expected the Federal Reserve to cut interest rates by 25 basis points each at the next two meetings. a picture > > < br > < img src = "https://img.jin10.com/news/24/10/Cf44Ol8yJkVXN2uBN8trQ.jpg/lite" referrerpolicy = "no-referrer" >