The market expects October CPI and core CPI to stabilize at 0.2% and 0.3%, and the annualized CPI is expected to rise by 2.6%.

The market is pricing in the last rate cut at the December meeting, with a probability of 70%, but today's CPI data, the upcoming PCE data on November 27, and Trump's possible policy changes may affect the Fed's final decision

Tonight's data is relatively important, beware of injections.