Odaily Planet Daily News, financial website Forexlive analyst Adam Button said that the market's pricing for Fed rate cuts has dropped from 106 basis points before the CPI data release to 103 basis points. This is a slightly hawkish reaction, indicating that the market has priced in more downside surprises. However, the unrounded inflation figure is better than the overall figure. (Jinshi)
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Forexlive: El mercado ha reducido la fijación de precios de la Reserva Federal de EE. UU. para recortar las tasas de interés a 103 puntos base
Odaily Planet Daily News, financial website Forexlive analyst Adam Button said that the market's pricing for Fed rate cuts has dropped from 106 basis points before the CPI data release to 103 basis points. This is a slightly hawkish reaction, indicating that the market has priced in more downside surprises. However, the unrounded inflation figure is better than the overall figure. (Jinshi)