U.S. CPI released.

Latest data shows:

CPI year-on-year 2.4%

Core CPI 2.5%

Basically in line with market expectations.

This means one thing:

The market's biggest concern of "inflation rebound" has not occurred for the time being.

If data continues to remain stable in the coming months,

expectations for a Federal Reserve interest rate cut may rise again.

Many times, a big market move does not start when good news is announced,

but rather when the market begins to believe that the good news will continue. #CPI数据