TSLA
Tesla
-- 292.980 MSTR
Strategy
-- 255.430 NVDA
NVIDIA
-- 124.920 MARA
MARA Holdings
-- 13.920 COIN
Coinbase
-- 215.620 
U.S. CPI Data Unlikely to Be Game Changer for Near-Term Fed ...
U.S. CPI Data Unlikely to Be Game Changer for Near-Term Fed Policy -- Market Talk
The U.S. CPI data for November, due at 1330 GMT, is unlikely to materially alter the near-term outlook for the Federal Reserve's policy, Pepperstone's Michael Brown says in a note. A 25bps rate cut next week seems locked in "with the labor market, not price pressures, being the primary determinant of policy shifts at this juncture," the senior research strategist says. Economists in The Wall Street Journal's poll expect the headline on-year CPI to have accelerated to 2.7% in November from 2.6% in October, while the core annual CPI is forecast at an unchanged pace of 3.3%.
The U.S. CPI data for November, due at 1330 GMT, is unlikely to materially alter the near-term outlook for the Federal Reserve's policy, Pepperstone's Michael Brown says in a note. A 25bps rate cut next week seems locked in "with the labor market, not price pressures, being the primary determinant of policy shifts at this juncture," the senior research strategist says. Economists in The Wall Street Journal's poll expect the headline on-year CPI to have accelerated to 2.7% in November from 2.6% in October, while the core annual CPI is forecast at an unchanged pace of 3.3%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
WillsonToh : Who know buy now before it jump to 7% lol