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Analyst: If CPI Data Weaker Than Expected, Possibility of 50 Basis Point Fed Rate Cut Higher
Summary: According to reports from investinglive, analyst Adam Button stated that tomorrow's release of the Consumer Price Index (CPI) report may indicate data lower than expected, as evidenced by the rise in US stock index futures. If the CPI results are below expectations, especially significantly so, the likelihood of a 50 basis point Fed rate cut ...
According to reports from investinglive, analyst Adam Button stated that tomorrow's release of the Consumer Price Index (CPI) report may indicate data lower than expected, as evidenced by the rise in US stock index futures. If the CPI results are below expectations, especially significantly so, the likelihood of a 50 basis point Fed rate cut will be higher. The Producer Price Index (PPI) excluding food and energy saw the largest decline in the past 10 years.
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Link: Analyst: If CPI Data Weaker Than Expected, Possibility of 50 Basis Point Fed Rate Cut Higher [Copy]
