Institution: Core inflation causes market concerns, expectations for a 50BP rate cut next week are thwarted

News on September 11, institutions analyze that the higher-than-expected US core inflation data will become a problem for the Federal Reserve to cut interest rates by 50 basis points next Wednesday. The current focus is on the monthly rate of core CPI data, which tends to increase concerns about stubborn inflation. Among FOMC members who are worried about monetary policy turning too quickly or decisively, they will definitely strongly oppose cutting interest rates by 50 basis points next week.