According to Jinshi Data, Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be hit any more. Everything is in line with expectations, and the stock market seems to be relieved because this is another stable and progressive report with no surprises.
The stock market seemed to have been prepared for higher-than-expected data, but since there were no surprises, the market breathed a sigh of relief. Although there was some reaction in the short-term bond market, there was no reaction in the long-term bond market.