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2024-12-13 22:54:42

In November, the CPI of the United States hit its biggest increase in seven months, but it is unlikely to prevent the Fed from cutting interest rates next week. The consumer price index of the United States recorded its biggest increase in seven months in November, but it is unlikely to prevent the Fed from cutting interest rates for the third time next week in the context of the cooling job market. Data show that CPI rose by 0.3% last month, the biggest increase since April, after the index rose by 0.2% for four consecutive months. The year-on-year growth rate of CPI rose by 2.7% after rising by 2.6% in October. Compared with the peak of 9.1% in June 2022, the year-on-year growth rate of inflation has slowed down significantly. Nevertheless, in recent months, the process of reducing the inflation rate to the Fed's 2% target has actually stalled. However, the Fed is now more concerned about the labor market. Although employment growth accelerated in November after being severely disturbed by strikes and hurricanes in October, the unemployment rate accelerated to 4.2% after staying at 4.1% for two consecutive months.Wedbush raised the target price of C3.ai to $45, and Wedbush: raised the target price of C3.ai from $30 to $45, maintaining the "outperform" rating.Colombia's consumer confidence index in November was -5.7, and the forecast was -4.8.


Nasdaq 100 index futures rose 0.4%, and S&P 500 index futures rose 0.3%.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.Nasdaq 100 index futures rose 0.4%, and S&P 500 index futures rose 0.3%.


Albertson shares rose 1.6% before the market closed.Hershey's share price fell 5.2% before the market.Bureau of Labor Statistics: In November's inflation report, the housing index rose by 0.3%, accounting for nearly 40% of the growth of all projects in that month.

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