2/ The cool off in CPI prompted an immediate reaction in the markets:
-Sept 75bps rate hike odds tumbled from 80% to 30%
-Stocks, bonds & gold soared higher
-The dollar plunged
It looks like investors hope the Fed will stop hiking after Sept, pivot & start easing next year.
2/ CPI 降温促使市场立即做出反应：
- 9 月 75 个基点的加息几率从 80% 跌至 30%
-股票、债券