Analyst: CPI cooling provides the Fed with dovish arguments, but uncertainties remain before the January decision

ChainCatcher News, according to Jinshi reports, analyst Anstey stated that U.S. Treasury yields have rebounded from earlier lows, and the gains in stock index futures have been quite limited since the CPI data was released. Investors are considering that there is still a long way to go before the Federal Reserve’s rate decision on January 28. U.S. interest rate strategist Ira Jersey said that low CPI year-over-year data will make it easier for the dovish members within the Fed to argue, and if December economic data remains weak, further rate cuts should be considered.