Viewpoint: In terms of the Fed's interest rate cut, the CPI report is good news

Mars Financial News, Lombardi Odier Bank investment manager Florian Elpo said that despite the hopeful details of the US February CPI report, the fact is that inflation remains above the target level. 'In terms of inflation, this report is a positive signal, consistent with our near-term forecast signal, which may be bad news for the rise, but good news for the Fed rate cut,' said Chad Flynn, managing director of Jiaxin Wealth Management UK. He said that while similar inflation declines may not become a trend, today's numbers are a welcome development. 'New government policies involving trade barriers and immigration controls may lead to a rise in inflation in the short term and a slowdown in economic rise in the long term. In recent quarters, inflation concerns have always been the top and central issue, however, economic rise has become a greater concern for market observers, so when the time is right, it may be this point that triggers the next Intrerest Rate adjustment.' (Jinshi)