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Analyst: Not surprised by the trend of interest rate cut expectations approaching zero
February 12th, Jinshi Data: IDX INSIGHTS Chief Investment Officer Ben Mcmillan: Seeing this situation with CPI, especially considering the strong performance of the energy market in recent months, is not very surprising. Powell sent a 'stand pat' signal last night, and stocks were dumped quite severely. I think Powell will reiterate 'not to have too much hope for more than one rate cut this year'. The market has already digested two rate cuts this year. If this number starts to approach zero, I wouldn't be surprised.