Analysts say that the increase in the U.S. CPI has provided a reason for the Federal Reserve to cut interest rates by 25 basis points next month
ChainCatcher news, analysts indicate that the overall inflation rate in the U.S. for September is also higher by one-tenth of a percentage point, reaching 0.2%, which increases the rationale for a 25 basis point rate cut next month instead of 50 basis points. Meanwhile, the number of initial jobless claims surged by 258,000, but this will be affected by factors such as hurricanes. (Jin Shi)
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