Second wave of US inflation? Wall Street bulls: Don't panic, US stocks can rise without interest rate cuts

U.S. inflation has fluctuated slightly, with Wall Street bulls believing there is no need to worry excessively. Analysts at hedge fund Citadel stated that unless there is a policy mistake, inflation will gradually converge to the Federal Reserve's target of 2%. At the same time, strong U.S. economic data has led investors to reassess their rate cut expectations. Traders expect the Fed to cut interest rates only twice this year. The market is confident in the Fed's ability to control inflation, and risk assets are expected to continue to rise. Wall Street praises Fed Chairman Powell for his stance against rate cuts last year. Despite slightly higher inflation rates, the Fed still has room to cut rates