Opinion: CPI report is good news for Fed rate cuts

Odaily News Florian Erpo, investment manager at Lombard Odier Bank, said that although the details of the US February CPI report looked promising, the fact is that inflation is still above target. "In terms of inflation, this report is a positive signal, consistent with our current forecast signal, in terms of growth, it may be bad news, but in terms of the Fed's rate cut, it may be good news." (Jinshi)