Institutions: PPI data eases inflation concerns, Fed is expected to cut interest rates next week
Source: PANews
Time: 2025-09-10 21:15:29
PANews reported on September 10 that traders bet on Wednesday that the Federal Reserve may initiate a series of interest rate cuts that will continue until the end of the year after PPI rose less than expected in August and eased market concerns that inflationary pressures hinder monetary easing. The released data showed that PPI increased by 2.6% year-on-year in August, lower than the year-on-year increase of 3.1% in July, and was also significantly lower than expected. According to pricing for futures contracts linked to Fed policy interest rates, the market expects the Fed to cut interest rates by 25 basis points first at its meeting next week, and then continue to cut interest rates by the same amount this year. (Jinshi Data APP)