Odaily星球日报讯 财富管理公司 Glenmede 的投资策略和研究主管 Jason Pride 表示，这些通胀数据对美联储的作用是，它为他们今年晚些时候降息奠定了第一个基础。如果市场担心美联储根本不会降息，今晚的 CPI 报告仅仅只缓解了一些担忧，它没有让美联储走上立即开始降息的轨道，因为他们还需要几份报告来获得一些信心。(金十)

Glenmede：CPI数据是推动美联储降息的第一步

Odaily Odaily News Jason Pride, head of investment strategy and research at wealth management company Glenmede, said that what these inflation data do for the Fed is that it lays the first foundation for them to cut interest rates later this year. If the market is worried that the Fed will not cut interest rates at all, tonight&#39;s CPI report only eases some concerns. It does not put the Fed on track to start cutting interest rates immediately because they need a few more reports to gain some confidence. (Jinshi)

Glenmede: CPI data is the first step to push the Fed to cut interest rates

Odaily Odaily analyst Steve Goldstein said that the market's first reaction was positive - stocks rose and bonds also rose. S&P 500 futures rose from flat to up 0.5%, and the 10-year U.S. Treasury yield fell 11 basis points. Judging from the data, not only did the U.S. CPI monthly rate in April fall to 0.3%, which was lower than expected, but retail sales in April also did not grow. After the CPI data was released, the swap market expected the Fed to accelerate its pace of interest rate cuts in 2024. (Jinshi)

Swap markets expect the Fed to accelerate rate cuts in 2024

Odaily Odaily News XT Research Institute reminds you to pay attention to macro data: On May 15, 2024 at 20:30, the U.S. Department of Labor will announce: U.S. April unadjusted CPI annual rate; U.S. April seasonally adjusted CPI monthly rate; U.S. April seasonally adjusted core CPI monthly rate; U.S. April unadjusted core CPI annual rate; Among them, the U.S. April unadjusted CPI annual rate has the greatest influence and is the most important. Expected impact: The market generally expects that the impact of U.S. CPI data will be transmitted to the U.S. dollar index, U.S. Treasury yields and interest rate cut expectations, which may be transmitted to risk markets and cryptocurrency markets. Data impact: Announced value > expected value, good for the U.S. dollar, bad for non-U.S. currencies; good for Treasury yields; bad for interest rate cut expectations, good for interest rate hike expectations. Source: Jinshi Data Note: The above content is not intended as investment advice.

XT Research Institute reminds: The U.S. Department of Labor will release a number of CPI data at 20:30 today, which may affect the crypto market

Odaily Odaily News According to swap market data, the monthly PPI rate was higher than expected, and traders reduced their bets on the Fed's September rate cut. At the same time, the US dollar rose, and spot gold fell by $7 in the short term. (Jinshi)