Wall Street interprets the CPI: no change to the Fed's "gradual easing," core inflation remains strong supporting the pause in interest rate cuts in January.

Analysis suggests that the CPI, which meets expectations, demonstrates that the cooling of inflation has basically stagnated in recent months. While this is not enough to disrupt the year-end bull market in U.S. stocks, it also means that an interest rate cut next week is not guaranteed, especially with the potential inflation upward risks brought by Trump's tariffs and fiscal expansion next year drawing attention. The yield on 10-year U.S. Treasuries first fell and then rose.

wallstreetcn15:00 ET

Market Climbs on CPI Inflation and Likelihood of Rate Cuts | Livestock

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Wall Street Gains, Tech Rallies, Tesla Hits All-Time Highs As Inflation Data Firms Up Fed's Next Interest Rate Cut

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Tonight! The last piece of potentially market-exploding data from the USA in 2024 is here.

① The USA's November CPI data, which will be released tonight at 21:30 Beijing time, can be metaphorically described as "the last heavyweight economic Indicator of the USA for 2024", which does not seem exaggerated. ② With the Federal Reserve's December monetary policy meeting scheduled for next week, tonight's CPI is expected to serve as an important basis for the Fed's critical decision on whether or not to cut interest rates...

cls.cnDec 10 20:27 ET

Traders Are Pretty Sure of a Fed Rate Cut. What Happens If Inflation Data Is Too Hot?

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