中信证券：维持美联储年内将连续降息三次各25bps的预测

Core Viewpoint - The report from CITIC Securities indicates that the U.S. CPI for August met expectations, with inflation remaining stable and no deterioration in the inflation situation [1] Group 1: Inflation and CPI - The prices of import-sensitive goods and core service inflation are relatively stable [1] - The overall CPI growth rate in the U.S. is expected to hover around 3% year-on-year in the coming months [1] Group 2: Monetary Policy Outlook - The ongoing legal dispute regarding the legitimacy of White House tariff measures may be one reason for companies to delay price increases [1] - The forecast maintains that the Federal Reserve will likely implement three rate cuts of 25 basis points each within the year [1] - The recent trend of rate cuts is expected to be a clear theme in the near term [1]