Odaily星球日报讯 Lombard Odier 资产管理公司分析师 Florian Ielpo 表示，鉴于市场已经消化了鸽派预期，利率“不太可能因这份 CPI 报告而出现大幅少升值。”“在下周美联储会议之前，我们可能会看到实际利率进入盘整期。股市可能会找到一些信心，预期盈利将进一步反弹，不过制造业销售价格的下跌不应被忽视，负贴现因子效应可能会对股市构成压力。”（金十）

机构：美联储会议前实际利率或将进入盘整期

Odaily Odaily News: Florian Ielpo, an analyst at Lombard Odier Asset Management, said that given that the market has already digested dovish expectations, interest rates are &quot;unlikely to appreciate significantly due to this CPI report.&quot; &quot;Before the Fed meeting next week, we may see real interest rates enter a consolidation period. The stock market may find some confidence and earnings are expected to rebound further, but the decline in manufacturing sales prices should not be ignored, and the negative discount factor effect may put pressure on the stock market.&quot; (Jinshi)

Institution: Real interest rates may enter a consolidation period before the Fed meeting

Odaily Planet Daily Report: The China International Capital Corporation (CICC) multi-asset class inflation sub-index forecast model shows that as long as there are no black swan events, the US CPI inflation will most likely remain in the range of 2.5%-3% this year, and the PCE will remain in the range of 2%-2.5%. The risk of a second round of inflation in the second half of the year is relatively low, which relieves the Federal Reserve's concerns about rate cuts. (Gold Ten)

CICC: The US CPI is likely to remain in the 2.5%-3% range this year, relieving the Fed's worries about cutting interest rates

According to the CME "Fed Watch" data, the current market expects a 25 basis point rate cut by the Federal Reserve in September with a probability of 87% (up 16% from the previous announcement), and a 50 basis point rate cut with a probability of 29%.

After the release of CPI data, the market expects the probability of the Federal Reserve cutting interest rates by 25 basis points in September to rise to 87%.

According to Odaily, as traders focus on Wednesday's inflation data and the Federal Reserve's potential rate cut next week, US stocks are expected to end their four-day losing streak on Monday, driven by growing concerns about economic slowdown. The three major indices all rose more than 1%, with 10 out of 11 sectors in the S&P 500 index advancing. Ivan Feinseth, Chief Investment Officer of Tigress Financial Partners, stated that "while a weak labor market and a potentially weakening US economy continue to exert pressure, the market's oversold buy-the-dip reaction continues to provide support for the stock market." After last Friday's data showed US August hiring numbers were lower than expected, Wednesday's CPI report may provide assurance to Fed officials that inflationary pressures are stabilizing. The presidential debate between Vice President Harris and former President Trump on Tuesday evening may inject some uncertainty into the market this week.