State Street: Continued anti inflation trend will pave the way for the Federal Reserve to cut interest rates later this year Odaily Planet Daily News: Michael Metcalfe, Head of Macro Strategy at State Street, commented on the US CPI data and pointed out that the important conclusion for the interest rate market and stock market is that the anti inflation trend is still ongoing. This further confirms the view that we have passed the peak of inflation concerns. This depicts a picture of sustained improvement in the inflation outlook, which will pave the way for interest rate cuts later this year. (Golden Ten)