The Fed has already started its interest rate cut cycle, and there will definitely be further interest rate cuts in the next year. This is a sure thing. Beginners must not be misled by wrong information. Given the size of the U.S. debt, repaying it will become more difficult without interest rate cuts.

Although the broad CPI, which the market is most concerned about, has declined, it has still increased compared with market expectations, but the problem is not serious. In my opinion, this is still a positive sign. The monthly rate and core monthly rate of CPI were the same as last month, slightly higher than expected. Although the annual rate of core CPI increased, the increase was not high. According to the recent inflation growth, this is the highest in the past three years. lowest level. So, essentially, it's not a bad statistic.

Looking at the specific details of inflation, housing and food prices rose most significantly in September, but food is not included in core inflation. In addition, the increase in inflation has not been significant. Judging from the current inflation data, the possibility of the Fed changing its interest rate cutting strategy in November is very low, and a 25 basis point interest rate cut is still the most likely scenario.