#7月CPI符合预期通胀继续降温 This CPI data came in as expected, and coupled with the unexpectedly weak nonfarm payrolls data released earlier, market expectations for a September Fed rate hike have cooled significantly. If the July PCE data due at the end of this month also shows a slowdown, that would further eliminate the possibility of a September rate hike.
The election is drawing closer, so a September rate hike would be inappropriate. Waller, the Fed chief, has chaired two meetings, leaving the impression that he was incoherent, vague in his wording, and rather inconsistent in his stance. At one mo