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CPI fall beyond expectations: Can the Fed cut interest rates?
On May 13, a report stated that Tradingkey's forecast for the overall CPI in April will increase by 2.4% compared to the same period last year, similar to March. Among the four main components of the CPI, only food shows an upward trend, accounting for 13.7% of the total CPI. Therefore, the analysis suggests that inflation in April may be lower than market expectations. This could increase the likelihood that the Federal Reserve will cut interest rates in June. It is predicted that the U.S. stock market will rise after the data is released; meanwhile, the USD index and U.S. Treasury bond yields are likely to fall. The above content is intended solely to provide market information and is not investment advice.
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