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Analyst: CPI Data Appears Favorable for the Federal Reserve
Summary: According to sources, market analyst Chris Anstey stated that following the release of CPI data, the yield on the US two-year Treasury bonds has slightly decreased by about 3 basis points. This does not necessarily indicate that the data will prompt the Federal Reserve to cut interest rates, but on the surface, this change does ...
According to sources, market analyst Chris Anstey stated that following the release of CPI data, the yield on the US two-year Treasury bonds has slightly decreased by about 3 basis points. This does not necessarily indicate that the data will prompt the Federal Reserve to cut interest rates, but on the surface, this change does appear to be a favorable signal for the Federal Reserve.