CoinVoice recently learned that according to Jinshi, the inflation indicator favored by the Federal Reserve was mild in November, which is a step in the right direction for policymakers to seek further interest rate cuts in 2025. These data should help ease the concerns of Federal Reserve officials about the inflation outlook.

Federal Reserve officials released their latest forecasts this week, showing that prices and interest rates will be higher in 2025. These new forecasts triggered a sell-off in U.S. stocks as investors have digested expectations of tighter policies. Details on prices show a general slowdown in inflation. Core service prices (a closely watched category that excludes housing and energy) rose 0.2% month-on-month, the lowest level since August. Core commodity prices (excluding food and energy) fell for the first time in three months. [Original link]