美国1月的通货膨胀率稳定在0.3%,核心价格也在上涨,使美联储3月份不可能削减利率。 U.S. inflation held steady at 0.3% in January, with core prices also rising, keeping Fed rate cuts unlikely in March.

美国消费物价在1月可能上涨0.3%, 与12月的涨幅相匹配, 核心通胀也每月上升0.3%。 U.S. consumer prices likely rose 0.3% in January, matching December’s increase, with core inflation also up 0.3% monthly. 由于2025年的比较率较高,预计全年通货膨胀率将从2.7%略微降至2.5%,尽管由于关税、住房成本和服务等原因,核心价格仍然不稳。 Year-over-year inflation is expected to ease slightly to 2.5% from 2.7%, driven by higher 2025 comparisons, though core prices remain sticky due to tariffs, shelter costs, and services. 2月14日到期的消费物价指数延迟报告将影响美联储降低利率的预期, 现在市场价格在3月只有8%的减价机会。 The delayed CPI report, due February 14, will influence Federal Reserve rate cut expectations, with markets now pricing in only an 8% chance of a cut in March. 强劲的劳动力市场和持续的通货膨胀压力使美联储处于停滞状态,除非通货膨胀显示明显持续改善,否则不会立即削减利率。 A strong labor market and persistent inflation pressures keep the Fed on hold, with no immediate rate cuts expected unless inflation shows clear, sustained improvement.