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U.S. CPI Data Reduces Chances of Further Fed Rate Cut -- Market Talk
It has been proven that inflation in the USA skyrocketed even before Trump's tariff increases.
① The latest CPI data released on Wednesday proves that the "trigger" for re-inflation in the USA had already been ignited before the Trump administration announced tariffs on China and Aluminum and Steel in February; ② An interesting observation is emerging again: will the Federal Reserve still stubbornly believe that the continuous rise in inflation is only temporary?
