Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "Market News: Ukrainian President Zelensky used his first meeting with Donald Trump since the US election to show that Ukraine needs security in any negotiations to end the Russian-Ukrainian conflict.Hershey's share price fell 5.2% before the market.
CEO of Wells Fargo: The situation of low-end consumers is even more difficult. Consumer credit is still very strong.Zamrazilova, Deputy Governor of the Czech Central Bank: I hope to see the inflation rate drop in January, and then I can start to consider further relaxing interest rates.German Chancellor Angela Scholz called for a vote of confidence to pave the way for the February 23rd election.
Polish and Estonian Prime Ministers held talks to discuss regional security and other issues. Polish Prime Minister Tusk met with Estonian Prime Minister michal in Warsaw on December 11th, local time. The two countries discussed the issues of aid to Ukraine, regional security and cooperation, and Poland's taking over the rotating presidency of the European Union. Michal pointed out at a news conference that it is necessary for NATO member countries to spend more than 2.5% of their gross domestic product (GDP) on defense, and Estonia has already exceeded 2% of GDP in 2022. Michal pointed out that NATO countries are still lacking in air defense and ammunition production capacity, which must be solved quickly. Tusk said that he shared the same attitude with michal on regional security and aid to Ukraine, and he hoped that the conflict between Russia and Ukraine could be ended in a way acceptable to all. (CCTV News)After the release of CPI data, the yield of US Treasury bonds fluctuated and fell, and the yield of 10-year Treasury bonds reported 4.236%. The yield of two-year US Treasury bonds fell to 4.149%, and the yield curve of 2/10 US Treasury bonds steepened to 8.7 basis points.JPMorgan Chase downgraded C3.ai(AI.N), saying that the cost of artificial intelligence games is too high.
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14