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[US CPI In January Was Higher Than Expected For Four Consecutive Years, And It Is Difficult To Achieve The 2% Target This Year] Analysts At The Financial Website Forexlive Said That The US CPI In January Was Higher Than Expected For Four Consecutive Years. Expectations For The Fed To Cut Interest Rates This Year Have Dropped From 40 Basis Points Before The Report To 31 Basis Points. The Core Inflation Rate Rose By 0.4% Month-on-month, And The Overall Inflation Rate Rose By 0.5% Month-on-month, Making It Difficult To Achieve The 2% Inflation Target This Year. Some People Are Talking About The California Fires Raising Housing And Used Car Inflation (up 2.2% Month-on-month), Or Companies Rushing To Potential Tariff Price Increases. These May Be True, But Unless The Situation Reverses Quickly, The Fed Will Wait And See Until Inflation Is Very Close To 2%
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