CPI report shows low chance of Fed rate cut in first half

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ODAILY
02-12
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Odaily reported that Pepperstone's analyst Michael Brown stated that the possibility of a rate cut in the first half of 2025 is currently small. He said: "The US CPI data for January will be a severe data point for the Federal Open Market Committee, although it is likely to be affected by one-time factors, such as the typical sharp price increases that often occur at the beginning of the year. Given that these data indicate that progress in curbing inflation has stalled, the likelihood of a longer pause in the easing cycle has now increased." (Jinshi P)

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