#cpi #ppi
The PPI data released by the United States last night showed that the CPI to be released tonight is expected to fall more than expected, which undoubtedly further strengthened the market's judgment on the inevitability of interest rate cuts.
To be honest, whether or not to cut interest rates is not the most important thing now. The key is whether the US economy can completely get rid of the doubts about recession. In the final analysis, everything depends on the published data. Therefore, we often say whether the data is useful or not. In fact, whether it is useful or not, the prices of global assets fluctuate with the data. It is enough to understand this.
