Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed's Next Rate Decision

Barron's02:30 ET

After bitcoin breaks 90,000, there are 3 major popular altcoins worth investing in.

The October CPI data released by the US Department of Labor shows a year-on-year CPI growth rate of 2.6%, and a core CPI year-on-year growth rate of 3.3%, both in line with market expectations.

Jinse Finance01:43 ET

Is it stable? The probability of the Federal Reserve lowering interest rates next month has reached 80%.

① Last night, the completely market-expected usa October CPI data did not cause much of a stir in the market; ② However, the data performance still boosted market confidence in the Fed's interest rate cut next month, and stimulated a rebound in short-term US government bonds.

cls.cn20:06 ET

US Inflation Holds Steady, Fed Faces Challenges Ahead

Business Today19:51 ET

Wall Street Steady After Inflation Report Hits Target

Business Today18:46 ET

Is the continued interest rate cut stable in December? Federal Reserve officials say inflation is moving in the right direction.

Minneapolis Federal Reserve President Kashkari expressed confidence in the direction of inflation shortly after the CPI was announced, saying that it is moving in the right direction and that more time is needed to analyze the data. Dallas Federal Reserve President Logan stated that more rate cuts are likely in the future, but it is best to proceed with caution due to the risks of inflation caused by demand and geopolitical factors. It is said that she prefers to slow down rate cuts sooner rather than later. St. Louis Federal Reserve President Mester mentioned that if inflation continues to decline, rate cuts should be gradual, and monetary policy should remain "slightly restrictive." Kansas City Federal Reserve President Schmid stated that it is uncertain how much rate cuts will be needed in the future.

wallstreetcn18:11 ET