Hello everyone! I am Aman. Today I will bring you my personal analysis of the CPI data and Powell's speech:
After the release of CPI last night and Powell's speech in the early morning, the market can be said to have experienced a carnival before the rainstorm. After the CPI data came out, it was extremely positive. Bloomberg and analysts from various institutions predicted that the Federal Reserve would cut interest rates three times this year. Big cakes and various copycats began to enter a carnival, but the release of the dot plot in the second half of the night and Powell's speech poured cold water on the market, and analysts from various institutions were also slapped in the face.
The dot plot shows that 80% of the 19 Federal Reserve officials predict that interest rates will be cut once this year, and Powell's speech is extremely hawkish. Although it is still the same as before, Tai Chi is very good, but what can be revealed from the speech is that the Federal Reserve does not see the need to cut interest rates at present. The US economy and employment are very good. Although the inflation level has gone down, it is far from reaching the point of cutting interest rates. And it reveals that if the future data develops in a good direction, high interest rates will be maintained. If unpredictable problems arise, the Federal Reserve also has a response plan. In a word, hold on and don't cut interest rates.
A friend who traveled to the United States some time ago shared that the current inflation in the United States is very exaggerated, and prices are extremely expensive, but everyone knows that most of the data released by the Federal Reserve are arranged in advance, which is to manipulate the market.
Due to the word limit, please go to the homepage to watch the big pie analysis!
