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. "Treasury yields fell, while the Bloomberg dollar spot index erased gains.German Chancellor Angela Scholz: Calling on legislators to work together for the benefit of the people.
STOXX Europe 600 Index rose by 0.25% after the US CPI data was released.Zamrazilova, Deputy Governor of the Czech Central Bank: I hope to see the inflation rate drop in January, and then I can start to consider further relaxing interest rates.Market News: U.S. Congressman Nancy Mays was attacked in the Capitol because of the transgender bill.
CEO of Wells Fargo: Consumer loans will not be tightened again.Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.The annual unadjusted food inflation rate in the United States in November was 2.4%, and the previous value was 2.1%. The annual inflation rate of new cars in the United States in November was -0.7%, and the previous value was -1.3%. The annual unadjusted housing inflation rate in the United States in November was 4.7%, and the previous value was 4.9%.
Strategy guide
12-14
Strategy guide 12-14