BlockBeats news, on November 27, the 'minor twist' on the path of U.S. inflation is most evident in the core PCE, which has hovered around an annual rate of 2.7% for the past six months. Economists at Bank of America Securities wrote: 'Two consecutive months of 0.3% growth (month-on-month) will certainly lead participants in the Federal Reserve to reassess their inflation and policy outlook. Nevertheless, we still expect the Federal Reserve to cut rates by 25 basis points in December, but given the strong economic activity and high inflation, the rate-cutting cycle seems to be shorter.' (Jin Ten)