Deutsche Bank: US CPI data will confirm the Fed's wait-and-see stance
ChainCatcher news, according to Jinshi Data, Deutsche Bank researcher Rainer Guntermann stated in a report that the U.S. inflation data released on Wednesday should confirm the Federal Reserve's wait-and-see attitude. Guntermann said, "This data will reinforce the Federal Reserve's wait-and-see stance ahead of next week's policy decision, as the impact of the current tariff increases remains limited." According to LSEG data, the money market has fully priced in the Federal Reserve's decision to maintain interest rates on June 18. They also expect the likelihood of a rate cut in September to exceed 50%.
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