If core inflation in the United States remains stable in April, it will encourage the Federal Reserve not to rush to cut interest rates

BlockBeats News: On May 13th, Chris Turner, an analyst at Dutch International Group, stated in a report that if core inflation in the United States remains stable in April, the US dollar may receive some support and "fuel the argument that the Federal Reserve is not in a hurry to cut interest rates". This month, the market has reduced its bets on interest rate cuts and postponed the expectation of the next rate cut to September. Economists expect the core inflation rate to rise by 0.3% month on month in April, higher than the 0.1% in March. (Golden Ten)