Analyst: CPI lower than expected will affect the pricing of future Fed rate cuts

Odaily News U.S. interest rate strategists Jersey and Hoffman said the market continues to price in a consumer price index of more than 3% over the next year before starting to decline in mid-2026. The market's expectations for the Fed's upcoming rate cuts are consistent with its expectations that future inflation expectations will moderate. Today's lower-than-expected data may affect the pricing of future rate cuts. (Jinshi)