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Did the March CPI completely crush the market's dream? Goldman Sachs changed its forecast again: 3 times became 2 times, and the first reduction was postponed to July!

The March Consumer Price Index (CPI) report that the market is most looking forward to has finally been released. But surprisingly, the latest data was higher than expected across the board, showing that progress in fighting inflation has stagnated, further strengthening the Fed's expectation of "postponing interest rate cuts." Some analysts even bluntly said: The door to a rate cut in June is closed. Specifically, data released by the U.S. Department of Labor on Wednesday showed that the U.S. Consumer Price Index (CPI) in March rose 3.5% year-on-year, the highest level since September 2023, and the market forecast was a 3.4% increase; the CPI rose 0.4% month-on-month in March, which was also higher than the market's expectation of 0.3%. (Cailianshe) $BTC $ETH