交易员普遍预计美联储有望在9月前降息

Core Insights - The U.S. Consumer Price Index (CPI) increased by 2.4% year-on-year in May, which is higher than the previous value but lower than expectations [1] - The core CPI, excluding volatile food and energy prices, rose by 2.8% year-on-year and by 0.1% month-on-month, marking the fourth consecutive month of lower-than-expected month-on-month increases [1] - Analysts suggest that the limited inflation increase in May may be attributed to businesses utilizing existing inventory, leading to relatively stable prices [1] - The impact of increased import tariffs may become more pronounced in the coming months [1] - Following the data release, market expectations for Federal Reserve interest rate cuts have increased, with traders anticipating a potential cut before September and a second cut by the end of the year [1]