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Goldman Sachs: CPI clears the way for the Fed to cut interest rates next week, and the Fed is expected to gradually relax its policies in the future

BlockBeats news, on December 11, Goldman Sachs analyst Whitney Watson said that today's CPI data clears the way for next week's interest rate cut. After today's data is released, the Fed will start a "quiet period". They are still confident in the process of fighting inflation. We believe that in the new year, the Fed will continue to gradually relax monetary policy. (Jinshi)

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Core CPI at 0.2% month-over-month means the Fed stays put, while 0.3% triggers a rate hike.
The current interest rate hike probability is around 50%, with benign inflation data potentially prompting a wait-and-see approach. However, the hawkish stance still introduces uncertainty into the future policy outlook.
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