Analysts: The Fed is more nervous about potential upside risks to inflation in the short term

Odaily News Baylee Wakefield, multi-asset portfolio manager at Aviva Investors, said: "Investors will be watching today's CPI data to see if we can get any clues from it about the Fed's future direction. Powell's speech yesterday was very consistent with what he said before, perhaps a little more hawkish. I think the message we get is that the Fed is more nervous about the potential upside risks to inflation in the short term." (Jinshi)