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Ira: CPI data exceeds expectations, with increased likelihood of rate cuts in October and December

Source: ChainCatcher
According to ChainCatcher, according to Kingshin, analyst Ira said that the core U.S. data meets expectations, but the CPI data exceeds the overall data, which locks in the plan to cut interest rates by 25 basis points next week and does not rule out the possibility of further interest rate cuts in October and December. For the long end of the yield curve, today's data could push up short-term inflation breakeven slightly.
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