After the release of CPI, traders insist on betting on the Fed's September interest rate cut

BlockBeats News: After the release of the US CPI report on July 15th, traders continued to bet that the Federal Reserve may start cutting interest rates in September. Previously, a report released by the US government showed that CPI rose as expected in June. After the release of CPI, from the perspective of market pricing, the possibility of the Federal Reserve cutting interest rates in September is still around 60%. Traders still believe that there is only a 5% chance of a rate cut this month, as most Federal Reserve policy makers have expressed their desire to see more data before the rate cut. (Golden Ten)