#CPI数据来袭 Today's CPI announced is 2.7%, lower than the market expectation of 2.8%, while the core CPI is 3.1%, higher than the expected 3%. This indicates that the upward momentum of inflation has eased, increasing market confidence in the Federal Reserve's rate cut in September. The probability of a 25 basis points rate cut in September has now risen to 94% (according to CME's 'FedWatch' data). However, the core inflation exceeding expectations may make the Federal Reserve more cautious during the rate cut process, and there is too much uncertainty about the pace of future rate cuts. It is advisable to continue monitoring the upcoming PPI data and the attitudes of Federal Reserve officials for a more accurate judgment on the future policy direction!