Analysts commented on the US CPI in November: It is still a consensus that the Fed will cut interest rates by 25 basis points again. JOSH HIRT, a senior American economist at VANGUARD, said: "The US CPI data in November confirmed the market consensus that the Fed will cut interest rates by 25 basis points again. We are still paying close attention to the strength of the labor market and the potential inflationary stickiness of some components of inflation (housing and services) before 2025. "US officials said that the United States is focused on providing Ukraine with the air defense system it needs to defend against Russian missiles and drones.In November, the CPI of the United States hit its biggest increase in seven months, but it is unlikely to prevent the Fed from cutting interest rates next week. The consumer price index of the United States recorded its biggest increase in seven months in November, but it is unlikely to prevent the Fed from cutting interest rates for the third time next week in the context of the cooling job market. Data show that CPI rose by 0.3% last month, the biggest increase since April, after the index rose by 0.2% for four consecutive months. The year-on-year growth rate of CPI rose by 2.7% after rising by 2.6% in October. Compared with the peak of 9.1% in June 2022, the year-on-year growth rate of inflation has slowed down significantly. Nevertheless, in recent months, the process of reducing the inflation rate to the Fed's 2% target has actually stalled. However, the Fed is now more concerned about the labor market. Although employment growth accelerated in November after being severely disturbed by strikes and hurricanes in October, the unemployment rate accelerated to 4.2% after staying at 4.1% for two consecutive months.
Market News: Ukrainian President Zelensky used his first meeting with Donald Trump since the US election to show that Ukraine needs security in any negotiations to end the Russian-Ukrainian conflict.UN Secretary-General Guterres: I fully believe that the Syrian people can choose their own destiny.After the release of CPI data in the United States, the yield of euro zone bonds fell by about 1 basis point, and the yield of German 10-year bonds is now flat at 2.116%.
German Foreign Ministry spokesperson: I hope to provide consular assistance to German citizens arrested in Russia, but I don't have much hope.German Chancellor Angela Scholz: Calling on legislators to work together for the benefit of the people.CEO of Wells Fargo: Consumer loans will not be tightened again.