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2026-04-07 14:33:09
[US CPI Data Unlikely to Change Fed Interest Rate Stance, But May Influence Policy Tone] 1. Bei Chen Lin, Senior Investment Strategist at Russell Investments, stated that Friday's US March CPI report is unlikely to change the Fed's decision to maintain interest rates at its upcoming meeting. However, the direction and magnitude of any surprises could determine whether the Fed's comments lean towards tightening or dovishness. 2. The strategist believes the likelihood of a Fed rate hike in 2026 is "very small." The market average expects overall inflation to accelerate to 3.3% in March from 2.4%, while core inflation is projected to rise to 2.7% from 2.5%.
