Will it rise again this time?
The U.S. will release the November CPI data tonight at 21:30. Market expectations are gradually rising.
Tonight at 21:30 (UTC+8), the U.S. will announce the year-on-year seasonally adjusted CPI for the end of November, which is expected to be 2.7%, higher than the previous value of 2.6%.
According to CME FedWatch data, the probability of the Federal Reserve maintaining the current interest rate until December is 11.1%, while the probability of a 25 basis point rate cut is 88.9%.
This month's non-farm data revealed a slowing trend in the labor market. If the CPI data to be released tonight also fails to meet expectations, the probability of a rate cut by the Federal Reserve in December will continue to increase.
