Odaily星球日报讯 麦格理银行经济主管 David Doyle 表示，美国今天这份报告不像 6 月份那样有利于反通胀，但那份报告设定了一个非常高的标准。总体而言，这份报告提供了更多证据，证明反通胀趋势仍然存在。它应该为 FOMC 提供更多的证据，证明 2024 年一季度出现的潜在通胀上升是暂时的，并且已经逆转。这里没有任何东西可以阻止美联储在 9 月份降息。宽松幅度的步伐将在很大程度上取决于即将公布的数据，其中通胀和就业数据尤为重要。我们对 9 月份降息的基准预期是 25 个基点。（金十）

麦格理：对9月降息的基准预期是25个基点

Odaily Odaily News: David Doyle, head of economics at Macquarie Bank, said that today&#39;s US report is not as conducive to anti-inflation as the one in June, but that report set a very high standard. Overall, this report provides more evidence that the anti-inflation trend remains. It should provide the FOMC with more evidence that the potential rise in inflation that occurred in the first quarter of 2024 is temporary and has reversed. There is nothing here to stop the Fed from cutting interest rates in September. The pace of easing will depend largely on the upcoming data, with inflation and employment data being particularly important. Our baseline expectation for a September rate cut is 25 basis points. (Jinshi)

Macquarie: Base case for September rate cut is 25 basis points

Odaily reports that Rick Rieder, Chief Investment Officer of BlackRock, stated that the Federal Reserve is expected to cut interest rates at its meeting in September.

Blackrock's Chief Investment Officer: The Federal Reserve is expected to cut interest rates at its September meeting.

Odaily Planet Daily Report: Peter Cardillo, Chief Market Economist at Sparta Capital Securities, stated that the key data today is retail sales, which indicates that the pulse of American consumers is much stronger than expected. This reduces people's concerns about an economic recession, which is good news for the stock market, but may not be good news for the bond market. With this report, we are back to square one, and the Federal Reserve may cut interest rates by 25 basis points in September. The possibility of a more substantial 50 basis point rate cut is decreasing. Today's retail sales are positive for American businesses. This means that consumers have not hibernated. This is a good sign for corporate earnings, but it raises concerns about what the Federal Reserve will or will not do.

Spartan Capital: The possibility of the Fed cutting interest rates by 50bp decreases

The U.S. Department of Labor released the much-anticipated Consumer Price Index (CPI) on the evening of the 14th.
- The U.S. CPI increased by 0.2% in July, higher than the 0.1% decrease in June, but in line with market expectations; the year-on-year growth rate also fell to 2.9%, lower than the 3% increase in June and market expectations, marking the fourth consecutive month of cooling and the lowest since March 2021.
- Excluding the volatile food and energy prices, the core CPI in July increased by 0.2% month-on-month, slightly higher than the 0.1% in June, but still in line with the market...