The further rebound of CPI in the United States is in line with market expectations. The annual rate of CPI in the United States in November was 2.7%, which was expected to be 2.7% and the previous value was 2.60%. After seasonal adjustment, the monthly CPI rate is 0.3%, expected 0.3%, and the previous value is 0.20%. The annual rate of core CPI in the United States in November was not seasonally adjusted to 3.3%, which was expected to be 3.3% and the previous value was 3.30%. After seasonal adjustment, the monthly rate of core CPI is 0.3%, the expected rate is 0.30%, and the previous value is 0.30%.Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.
The core inflation in the United States remained stable, increasing by 0.3% for the fourth consecutive month, and the CPI in the United States continued to rise in November, which aggravated people's concerns that the process of curbing inflation was stagnant. Data released on Wednesday showed that the core CPI excluding food and energy costs rose by 0.3% for the fourth consecutive month. Compared with a year ago, it has increased by 3.3%. After the data is released, it is still very likely that Fed policymakers will cut interest rates at next week's meeting. Although the price pressure has dropped from the peak during the pandemic recovery, the recent progress has stabilized. This, coupled with the fading concerns about the labor market, helps explain why several Fed officials advocate a more gradual rate cut.German Foreign Ministry spokesperson: I hope to provide consular assistance to German citizens arrested in Russia, but I don't have much hope.Egyptian Prime Minister: At least 10 state-owned enterprises will be listed in 2025.
U.S. stock index futures expanded before the market, with S&P 500 futures up 0.4%, Nasdaq futures up 0.6% and Dow futures up 0.2%.ExxonMobil Oil: US President-elect Trump will bring good prospects to the US oil and gas industry. Support US President-elect Trump to repair the "broken" licensing system in the US energy field.Broadcom shares rose 2.8% before the market closed.
Strategy guide 12-14
Strategy guide
Strategy guide 12-14
Strategy guide
Strategy guide
12-14