Strategist: If inflation persists in December, the Federal Reserve will have room to cut interest rates in Q1
According to ChainCatcher, citing a report from Golden Ten Data, B. Riley Wealth Chief Market Strategist Art Hogan commented on the US CPI report, stating that the CPI report released today shows that the overall CPI for December is 2.7% year-on-year, in line with expectations; core inflation is 2.6%, slightly lower than the market's previous estimate of 2.7%. If this trend continues, it will provide the Federal Reserve with some policy flexibility to cut interest rates in the first quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the transfer of 7,000 BNB, the funds flowed into Wintermute
Data
OpenClaw has now removed the "Highly Recommended Venice Model" section from its documentation.
