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#美国核心物价涨幅不及市场预估 Core CPI data released, results far below market expectations.
One thing is gradually being recognized by the market: the threat of inflation is truly receding.
So what does this mean?
It doesn't mean an immediate rate cut. On the contrary — continuing to maintain a tightening policy no longer has much reason.
From now on, the key issue is not "whether to loosen," but rather how far the market will push forward the timetable for policy easing. How fast this pace will be is what truly deserves attention in the coming period.