The Federal Reserve has started a cycle of interest rate cuts. It will definitely cut several times within a year! ! This is unshakable. Newbies should not be misled. The United States has tens of trillions of dollars in debt. How can it pay it back if the interest rate is not cut here?

Although the broad CPI that most people pay the most attention to has decreased, it has increased a little compared with market expectations. The problem is not very big. I personally think it is still good. The monthly rate and core monthly rate of CPI are the same as last month, and they are slightly higher than expected. The annual rate of core CPI has increased somewhat, but the increase is not high, and according to the recent inflation increase, it is the lowest in the past three years. So in essence, it is not too bad data.

From the details of inflation, housing and food increased the most in September, and food is not considered core inflation. Moreover, the amount of inflation increase is not very large, and from the current inflation data, the probability of the Federal Reserve changing its interest rate cut strategy in November is also very low. A 25 basis point interest rate cut in November is still the greatest possibility.