According to 4EExchange observations, the year-on-year growth rate of US CPI in August fell to 2.5%, marking the fifth consecutive month of decline, but the core CPI rose 0.3% month on month higher than expected. The market has lowered its expectation for the Federal Reserve to cut interest rates by 50 basis points next week, and the possibility of a 25 basis point rate cut has risen to 85%. After the data was released, the US stock market experienced a V-shaped rebound after a sharp drop at the opening, and all three major stock indexes closed higher. The Dow Jones Industrial Average rose slightly by 0.31%, the Nasdaq closed up 2.17%, and the S&P 500 index closed up 1.07%. Technology stocks are leading the rebound, with Nvidia rising over 8%.  @drunky