Housing costs lower inflation, CPI data provides room for interest rate cuts

ChainCatcher news, according to Jinshi reports, Sarmaya Partners Chief Investment Officer Wasif Latif stated that the overall inflation data is lower than expected, which has a relieving effect on the market, with housing costs being the main factor pulling down inflation. The futures market, bonds, and commodities have all reacted, and the data provides greater room for the Federal Reserve to cut interest rates, with market trends driven by expectations of rate cuts. The decline in bond yields is beneficial for government financing and future bond issuance.