Analyst: CPI data appears favorable for the Federal Reserve on the surface
According to Odaily, market analyst Chris Anstey stated that after the release of the CPI data, the yield on the US two-year Treasury note declined slightly, by only about 3 basis points. This does not mean that the data will prompt the Federal Reserve to cut interest rates, but on the surface, this change is indeed a positive signal for the Fed. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Top Cryptocurrencies Slump; Bitcoin Tumbles Below $77,000
Hyperliquid's outsourced revenue stream reached 38 million dollars last month
Euro Stoxx 50 dropped to 6,100 points, down 1.7% in 24 hours
Crypto prices
More
