Analyst: Even if inflation worsens, the Fed's expectation for a rate cut in September is unlikely to change

ChainCatcher news, according to Jin10, analyst Chris Anstey stated that the market has fully anticipated that the Federal Reserve will cut interest rates in two weeks before the inflation data is released. To make traders abandon this expectation, extremely strong employment growth data and a high CPI report may be needed. Even if the upcoming CPI shows an increase in inflation, a rate cut seems to be a foregone conclusion.