美国经济数据：8月CPI同比增2.9%，市场押注联储降息

Core Insights - The U.S. Consumer Price Index (CPI) for August increased by 2.9% year-over-year, matching expectations and up from a previous value of 2.7% [1] - The month-over-month CPI rose by 0.4%, exceeding the anticipated 0.3% and higher than the prior value of 0.2% [1] - The core CPI, which excludes food and energy, also saw a year-over-year increase of 3.1%, consistent with forecasts and unchanged from the previous value [1] - Month-over-month core CPI growth was 0.3%, aligning with expectations and the previous figure [1] Market Reactions - Following the CPI data release, short-term interest rate futures rose, indicating increased confidence among traders regarding potential interest rate cuts by the Federal Reserve [1] - Market pricing suggests that the Federal Reserve may implement at least two rate cuts by the end of 2025, with expectations of four consecutive 25 basis point cuts by January of next year [1] - The yield on the 10-year U.S. Treasury bond fell below 4% for the first time since April [1]