4E: CPI eases inflation concerns, market risk appetite rises

On March 13th, it was reported that the year-on-year growth rate of US CPI in February dropped to a new low since November last year, and the year-on-year growth rate of core CPI hit a four-year low. Inflation was lower than expected across the board, easing concerns about "stagflation." Traders increased their bets on interest rate cuts, and market risk appetite increased.