Analyst Anstey: Today's CPI data will hardly change anyone's prospects. However, those who still think that the Fed will remain inactive next week may reconsider, because inflation is not worse than expected. This seems to give the green light to cut interest rates by 25 basis points on December 18th.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%.German Chancellor Angela Scholz called for a vote of confidence to pave the way for the February 23rd election.
Analysts commented on the US CPI in November: It is still a consensus that the Fed will cut interest rates by 25 basis points again. JOSH HIRT, a senior American economist at VANGUARD, said: "The US CPI data in November confirmed the market consensus that the Fed will cut interest rates by 25 basis points again. We are still paying close attention to the strength of the labor market and the potential inflationary stickiness of some components of inflation (housing and services) before 2025. "Ethereum rose to 5% to $3,750; Bitcoin rose 3.4%, approaching $99,000.The US CPI data is in line with expectations, and the euro zone bonds are basically flat.
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. "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.CEO of Wells Fargo: The situation of low-end consumers is even more difficult. Consumer credit is still very strong.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14