Analyst: Inflation Has Not "Gone Haywire"; Market Fully Pricing in Three Rate Cuts by Year-End
BlockBeats News, September 11th, institutional analysts stated that the overall CPI monthly rate was slightly higher than expected. After the data was released, the yields of the U.S. Treasury market all saw a slight decrease, indicating that the market believed the data did not worsen, bringing some relief. Federal Reserve Chairman Powell has been focusing on the annual rate for some time.
The core CPI annual rate for August was 3.1%, unchanged from July, in line with expectations, indicating that the inflation situation did not worsen. The overall CPI annual rate rose to 2.9%, slightly higher than July's 2.7%. The report showed that housing rose by 0.4% in August, marking the largest monthly increase among all items. Food prices also rose, with the food index increasing by 0.5% this month, the at-home food index rising by 0.6%, and the away-from-home food index increasing by 0.3%.
This report, which largely met expectations, paved the way for the Fed's rate cut next week. The market has almost fully digested the expectation of three rate cuts by the end of the year. (FX678)
You may also like

India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…

Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…

Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…

Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices

Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report

Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…

traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…

Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…

Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…

Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…

Powell States Federal Reserve Targeted by DOJ, Trump Dismisses Interest Rate Ties
Key Takeaways Federal Reserve Chair Jerome Powell revealed that the Justice Department issued subpoenas to the central bank…

Trump Gets Serious: Powell Faces Criminal Investigation, Rate Battle Intensifies

Stores of Value: Gold and Silver Once Again Lead Global Asset Charts
Key Takeaways: Gold and silver have retaken their positions as the top assets by market capitalization, highlighting their…

Key Macro Events and Crypto Whale Movements This Week
Key Takeaways Upcoming releases of key U.S. economic data on unemployment and non-farm payrolls could significantly impact markets.…

The US can't control Latin America, so they took out Maduro

Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts

The Eve of a Federal Pivot: Evaluating the Looming Change in the U.S. Central Bank
Key Takeaways Investors are gearing up for potential changes in Federal Reserve policy, with concerns about independence and…

Announcement: The Fed to Release Minutes of its Monetary Policy Meeting Soon
Key Takeaways The Federal Reserve is anticipated to disclose the minutes from its latest monetary policy meeting, offering…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…