CPI Data Meets Expectations, Market Shifts Focus to Economic Growth and Employment
Publication Time:2024-09-11 21:26:07
Morgan Stanley recently released a report indicating that the market widely anticipates the Federal Reserve to take action next week by cutting interest rates by 25 basis points. Today's release of the Consumer Price Index (CPI) data confirms inflation levels in line with market forecasts, providing some validation for the 25 basis point rate cut prediction. Some investors had high hopes for the magnitude of the rate cut, but with inflation stabilizing, attention has shifted towards the overall growth of economic activities and the health of the job market. This shift suggests that the economic fundamentals and employment conditions may become key areas of focus for the market moving forward.
Economic Growth
Fed Rate Cut
CPI data
employment situation