Latest NewsYesterday NewsQuote ListTopic ListQuote List
JIN10
2024.07.11 13:17
portai
I'm PortAI, I can summarize articles.

Institution: Weak CPI data fuels fantasies of a rate cut in July

Dakota Wealth's Senior Portfolio Manager, Robert Pavlik, stated that the overall cooling of the US CPI directly indicates the possibility of a rate cut in September. I believe this also raises doubts about the possibility of a rate cut in July, although this possibility is quite slim. The market is really counting on a rate cut in September

On July 11th, according to the data from FXStreet, Robert Pavlik, senior investment portfolio manager at Dakota Wealth, stated that the overall cooling of the US CPI directly indicates the possibility of a rate cut in September. I believe this also raises doubts about the possibility of a rate cut in July, although this possibility is quite slim. Will the market really count on a rate cut in September?

Source: JIN10 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

Like