Glonghui, May 15 | Tonight's CPI data did not exceed expectations, and it was in line with expectations. These figures indicate that as we enter the second half of 2024, inflation will continue to fall, which indicates that the Federal Reserve will cut interest rates at least once before the end of this year. The market will welcome these data. As long as inflation moves in the right direction and gradually approaches the Federal Reserve's target, the Federal Reserve will cut interest rates once this year. If this figure improves significantly, there may be two interest rate cuts. Furthermore, retail sales reports suggest that high interest rates are beginning to eat away at consumers' wallets.