Michael Brown: PPI lower than expected has no impact on Fed rate cut decision
Source: ChainCatcher
Time: 2025-09-11 14:43:14
According to ChainCatcher, according to Kingstone, Michael Brown, senior research strategist at Pepperstone, said that the lower-than-expected U.S. PPI data has no effect on the Federal Reserve's Open Market Committee (FOMC) decision, and a 25 basis point cut next Wednesday is a foregone conclusion. He added that money market pricing shows a slight probability of a 50 basis point rate cut, which could heat up further if the CPI data is equally weak.