刚刚！美联储 降息大消息！直线拉升！

Core Viewpoint - The unexpected decline in the Producer Price Index (PPI) in the U.S. for August marks the first drop since April, reinforcing the rationale for the Federal Reserve to consider interest rate cuts [2][5]. Group 1: PPI Data - The PPI decreased by 0.1% month-on-month in August, with July's data revised downwards. Year-on-year, the PPI increased by 2.6% [2]. - Excluding food and energy, the prices of goods rose by 0.3%, while service costs fell by 0.2%. The profit margins for wholesalers and retailers dropped by 1.7%, matching the largest decline since 2009 [6][7]. Group 2: Economic Implications - The decline in inflation expectations has led to an increase in U.S. stock index futures and bond prices, with market participants anticipating multiple interest rate cuts by the end of 2025 [6][8]. - The upcoming Consumer Price Index (CPI) data is expected to reveal how much of the tariffs have been passed on to American households, with analysts predicting a significant monthly increase in core indicators excluding food and energy [6]. Group 3: Federal Reserve Outlook - Federal Reserve officials are expected to lower interest rates in response to the rapid slowdown in the labor market, as indicated by recent employment data [6]. - The PPI report is closely monitored as some components are used to calculate the Fed's preferred inflation measure, the Personal Consumption Expenditures (PCE) price index [6].