The core inflation in the United States remained stable, increasing by 0.3% for the fourth consecutive month, and the CPI in the United States continued to rise in November, which aggravated people's concerns that the process of curbing inflation was stagnant. Data released on Wednesday showed that the core CPI excluding food and energy costs rose by 0.3% for the fourth consecutive month. Compared with a year ago, it has increased by 3.3%. After the data is released, it is still very likely that Fed policymakers will cut interest rates at next week's meeting. Although the price pressure has dropped from the peak during the pandemic recovery, the recent progress has stabilized. This, coupled with the fading concerns about the labor market, helps explain why several Fed officials advocate a more gradual rate cut.The yield of US 10-year Treasury bonds fell by 1.75 basis points, reaching a daily low of 4.2069% after the release of US CPI inflation data, and a daily high of 4.2496% 10 minutes before the release of data at 21:30 Beijing time. The yield of two-year US bonds reached a new low of 4.1032%, with the current decline exceeding 3.3 basis points, and it also reached a new high of 4.1741% at 21:17.Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.
Ethereum rose to 5% to $3,750; Bitcoin rose 3.4%, approaching $99,000.German Chancellor Angela Scholz called for a vote of confidence to pave the way for the February 23rd election.MacKenzie, analyst: With the possibility of interest rate cut by the Federal Reserve in December, the yield of US Treasury bonds headed by two-year treasury bonds only slightly declined. Therefore, the market seems to be quite satisfied with the prospect of the Fed cutting interest rates again and then suspending it early next year.
German Chancellor Angela Scholz: Calling on legislators to work together for the benefit of the people.Albertson shares rose 1.6% before the market closed.Diplomat: The EU envoy failed to reach an agreement on the 15th round of sanctions against Russia.
Strategy guide 12-14
Strategy guide 12-14