Analysts: CPI is expected to rebound in August, easing cycle will weaken the US dollar

According to ChainCatcher, according to Jinshi, some analysts said that the year-on-year growth rate of the US CPI in August is expected to rise from 2.7% in July to 2.9%, slightly lower than the highest growth rate of 3% in January this year. The year-on-year growth rate of the core CPI in August is expected to be 3.1%, the same as the July growth rate. Analysts believe that the accelerated CPI growth will lead to the Federal Reserve cutting interest rates by 25 basis points instead of 50 basis points, and the restart of the central bank's easing cycle is expected to weaken the US dollar.