Friday's U.S. data shows:
November PCE price index year-on-year 2.4%, lower than the expected value of 2.50%, higher than the previous value of 2.30%;
November core PCE price index year-on-year 2.8%, lower than the expected 2.90%, same as the previous value of 2.80%.
November PCE price index month-on-month 0.1%, November core PCE price index month-on-month 0.1%, both lower than the previous values and expected values. December one-year inflation rate initial expectation 2.8%, lower than the previous value of 2.90%.
The PCE inflation favored by the Federal Reserve unexpectedly cooled down across the board, U.S. stock indices and the cryptocurrency market rebounded, and the market continues to bet that the Federal Reserve will pause interest rate cuts in January and increase bets on rate cuts in March.
(Market volatility is high, it is recommended to stay away!!!)