PANews reported on September 10th that according to Jinshi, Adam Button, an analyst at the US financial website investinglive, said tomorrow's Consumer Price Index (CPI) report is a strong signal that the data may fall short of expectations, prompting a rally in US stock index futures. A lower-than-expected CPI result—especially one so significant—would increase the likelihood of a 50 basis point interest rate cut by the Federal Reserve. The Producer Price Index (PPI), excluding food and energy, saw its largest month-over-month decline in the past decade.
Analysts comment on the US August PPI: CPI data may also be weaker than expected, just like PPI
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