This article uses automatic translation for some of its parts
The US Bureau of Labor Statistics22:30 on Tuesday, December 12, 2023 Japan timeuponUS Consumer Price Index (CPI) for NovemberIt is planned to be announced. Policy decisions of the US Federal Open Market Committee (FOMC) were revealed on the 13th (14th a.m. Japan time), and it is expected that they will direct the stock market and economy in 2024.
The market anticipates that overall CPI will decline as inflation cools down and energy prices ease. If there are signs of slowing inflation, the view that the US financial authorities will soon switch to mitigation will intensify, and there is a possibility that stock prices will rise further until the end of the year. According to forecasts, CPI is expected to rise 3.1% from the same month last year, which is the lowest growth since June.
In October, the growth rate of core CPI excluding food and energy fell to 4%, the lowest level in the past two years. The core CPI, which is a predictive index for judging future inflation trends by the Fed, has been hovering around 4% for the past few months, which is double the Fed's target value of 2%. According to market forecasts, there is a possibility that the core CPI growth rate in November will remain at 4.0%....