TechFlow News: On February 13, according to JINSHI Data, Peter Cardillo, Chief Market Economist at Spartan Capital Securities, stated, “Ultimately, this is a solid number. It indicates that we still have some distance to go to reach the Fed’s 2% target, but inflation is not accelerating—perhaps we’re finally seeing a glimmer of hope regarding the inflationary impact of tariffs. That impact remains, but it is diminishing. Rate cuts are expected around June, though this hinges largely on labor market conditions. However, if inflation data continues trending in the right direction like this, I believe rate cuts could commence once the new Fed Chair takes office.”
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