playbingoforrealmoney| U.S. CPI fell year-on-year in April, retail sales fell short of expectations: the market is betting on interest rate cuts in September

News summary

US April CPI data met expectationsplaybingoforrealmoney, core inflation hit a six-month low month-on-month, retail sales were poor, the market was betting on a rate cut in September, the dollar fell, and precious metals rose. Despite this, the Federal Reserve may not be in a hurry to switch, and there are still uncertainties about interest rate cuts and geopolitical risks. It is recommended to call back to buy precious metals.

Newsletter text

[CPI data fell, retail sales fell short of expectations, the market increased expectations for interest rate cuts, and the US dollar weakened] April CPI data released overnight by the United States showed that it continued to fall year-on-year, and core inflation hit a six-month low month-on-month low, indicating that inflationary pressures have weakened. At the same time, retail sales data also failed to meet expectations, declining from the previous month. These data led to increased market expectations for the Federal Reserve to cut interest rates in September, causing the dollar to fall sharply and precious metals prices to rise. However, although the data triggered market expectations of interest rate cuts, this CPI data may not be enough to make the Federal Reserve immediately change its monetary policy stance. The Fed may continue to focus on inflation and employment data to determine whether interest rates are needed. In addition, the uncertainty of geopolitical risks has also brought great uncertainty to the market, allowing precious metals prices to maintain the idea of buying back during the shock process. It is worth noting that although market expectations for interest rate cuts have increased, the actual decision to cut interest rates still has to wait for the Federal Reserve's official statement. When making investment decisions, investors need to pay close attention to the Fed's dynamics and make comprehensive judgments based on other economic data. In general, although the market has increased expectations for the Fed to cut interest rates, the actual decision still needs to wait for the Fed's official statement. Investors should pay close attention to the Fed's dynamics and make comprehensive judgments based on other economic data to make informed investment decisions.