Analyst: Cooling CPI Provides Dovish Argument for the Federal Reserve, but Uncertainties Remain Before January Decision

According to ChainCatcher, as reported by Golden Ten Data, analyst Anstey stated that U.S. Treasury yields have rebounded from earlier lows, and since the release of the CPI data, gains in stock index futures have also been quite limited. Investors are considering that there is still a long way to go before the Federal Reserve's interest rate decision on January 28. U.S. interest rate strategist Ira Jersey noted that low annual CPI data will make it easier for doves within the Federal Reserve to argue their case, and if December's economic data is weak, further rate cuts should be considered.