Breaking! Federal Reserve Governor Milan's latest statement: Inflation data has been severely distorted by government shutdown, leaning more dovish!🕊️

Just saw a message from ChainThink (source: Jinshi):

Federal Reserve Governor Milan stated:

- Last week's inflation data was abnormal due to the government shutdown, the housing inflation index was significantly distorted

- There are large upward deviations in the annual CPI (actual inflation is not that high)

- Recent data should push everyone towards a dovish stance

- If policies are not adjusted, the risk of recession will increase

- Ultimately, the Federal Reserve will lower the policy interest rate!

After hearing this, does it feel like the expectation for interest rate cuts has stabilized a bit? Should the market react in advance?🤔